Form 4: UFP Industries Executive David A. Tutas Reports Stock Sale
SEC Form 4 Filing
David A. Tutas, Chief Comp Off, Gen Csl, Secty of UFP Industries, reports the sale of 204 shares of common stock at $116.72 per share.
Summary
- On March 8, 2024, David A. Tutas, Chief Comp Off, Gen Csl, Secty of UFP Industries, sold 204 shares of common stock.
- The sale price was $116.72 per share.
- Following the transaction, Tutas directly owns 22,136 shares of UFP Industries common stock.
- Tutas also indirectly owns 13,717 shares through deferred compensation interest.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. It provides transparency into the transactions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on the overall market perception of insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock sale transaction |
| 03/11/2024 | Date of Form 4 filing |
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