4/A: UFP Industries Executive Reports Acquisition of Phantom Stock Units

Scott A. Worthington, President of UFP Packaging, LLC, reports the acquisition of phantom stock units and adjustments to his holdings of UFP Industries Inc. common stock.

Summary

• Scott A. Worthington, President of UFP Packaging, LLC, filed a Form 4/A with the SEC on January 15, 2025, reporting changes in beneficial ownership of UFP Industries Inc. securities.
• The report details the acquisition of 13 phantom stock units on December 31, 2024, under the company's Deferred Compensation Plan.
• These units are payable in shares of UFP Industries Inc.'s common stock upon the reporting person's death, disability, or retirement.
• The report also indicates adjustments to the amount of common stock beneficially owned, including shares acquired through a dividend reinvestment plan.
• Following the reported transactions, Worthington holds 16,153 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the information presented is factual and neutral in tone.

Future Outlook

The phantom stock units will be payable in shares of the Company's Common Stock until the reporting person's death, disability or retirement.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.
• It assures stakeholders that executives' interests are aligned with those of the company.

Key Dates