Form 4: UFP Industries Inc. Executive Reports Acquisition of Phantom Stock Units
SEC Form 4 Filing
Robert Paul Guerre, Secretary and Director of Corporate Compliance at UFP Industries Inc., reports the acquisition of phantom stock units under the company's Deferred Compensation Plan.
Summary
- On March 31, 2025, Robert Paul Guerre, Secretary and Director of Corporate Compliance at UFP Industries Inc., acquired 13 phantom stock units.
- These units were accrued under the company's Deferred Compensation Plan and are payable in shares of common stock upon death, disability, or retirement.
- The price of the phantom stock units was $107.04.
- Following the transaction, Guerre directly owns 457 derivative securities, including shares acquired through a dividend reinvestment plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Positives
- The acquisition of phantom stock units aligns executive compensation with company performance and long-term shareholder value.
- The Deferred Compensation Plan provides a tax-advantaged way for executives to save for retirement.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Acquisition of phantom stock units. |
| 04/01/2025 | Date of signature on the Form 4 filing. |
Keywords
UFP Industries, UFPI, Form 4, Robert Paul Guerre, phantom stock units, Deferred Compensation Plan, insider trading, beneficial ownership
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