Form 4: UFP Industries Inc. Executive Patrick M. Benton Sells Shares
SEC Form 4
Patrick M. Benton, Pres, UFP Construction, LLC, sold 346 shares of UFP Industries Inc. common stock at a price of $115.2233 on June 13, 2024.
Summary
- On June 13, 2024, Patrick M. Benton, Pres, UFP Construction, LLC, disposed of 346 shares of UFP Industries Inc. (UFPI) common stock.
- The transaction was a sale, with the shares being sold at a price of $115.2233 per share.
- Following the transaction, Benton directly owns 97,383 shares of 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 event. An executive selling a small number of shares doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of the transaction: Patrick M. Benton sold 346 shares of UFP Industries Inc. common stock. |
| 06/14/2024 | Date of signature on the Form 4 filing. |
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