Form 4: UFP Industries Inc. Executive Patrick M. Benton Reports Stock Sale

Sentiment:

SEC Form 4 Filing


Patrick M. Benton, Pres, UFP Construction, LLC, reported selling 11,725 shares of UFP Industries Inc. stock on June 13, 2024.

Summary

  • On June 13, 2024, Patrick M. Benton, Pres, UFP Construction, LLC, filed a Form 4 with the SEC.
  • The form details a transaction where Benton sold 11,725 shares of UFP Industries Inc. (UFPI) common stock at a price of $115.27 per share.
  • Following the transaction, Benton directly owns 97,729 shares of UFPI common stock.
  • Benton also indirectly owns 38,923 shares through a 401k plan and 16,710 shares through deferred compensation interest.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale. The sentiment is neither positive nor negative without additional context.

Industry Context

This filing is a routine disclosure of insider trading activity. Monitoring such filings can provide insights into management's perspective on the company's stock and future prospects.

Stakeholder Impact

  • The stock sale could have a minor impact on shareholder sentiment, depending on the size and context of the transaction.

Key Dates

DateDescription
06/13/2024Date of stock sale transaction and filing of Form 4

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