Form 4: UFP Industries Executive Scott A. Worthington Reports Stock Acquisitions
SEC Form 4 Filing
Scott A. Worthington, President of UFP Packaging, LLC, reports acquiring shares of UFP Industries stock at $106.65 per share.
Summary
- On February 24, 2025, Scott A. Worthington, President of UFP Packaging, LLC, acquired 2,539 shares of UFP Industries Inc. common stock at a price of $106.65 per share.
- Additionally, Worthington acquired 282 shares of common stock at the same price on the same day.
- Following these transactions, Worthington directly owns 116,573 shares of UFP Industries Inc. common stock.
- Worthington also indirectly owns 12,426 shares through deferred compensation interest.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by an executive. The purchase itself could be seen as slightly positive, but the form is simply a reporting requirement.
Positives
- Executive's purchase of company stock may signal confidence in the company's future performance.
Industry Context
Insider trading activity is closely monitored as it can provide insights into a company's prospects, although it's not always indicative of future performance.
Stakeholder Impact
- The stock purchase by an executive could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock acquisition. |
| 02/25/2025 | Date of signature on the Form 4. |
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