Form 4: UFP Industries Officer William Danny Schwartz Reports Stock Transactions

William Danny Schwartz, an officer of UFP Industries, reported the acquisition and disposal of common stock and phantom stock units on September 3, 2024.

Summary

• On September 3, 2024, William Danny Schwartz, an officer of UFP Industries, engaged in transactions involving the company's stock.
• These transactions included the acquisition of 471 shares of common stock through the conversion of phantom stock units.
• Schwartz also disposed of 104 shares of common stock at a price of $116.54 per share.
• Following these transactions, Schwartz directly owns 57,784 shares of common stock.
• Additionally, Schwartz indirectly owns 2,307 shares through a 401k plan and 9,940 shares through deferred compensation interest.
• He also owns 9,725 phantom stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company officers and their potential impact on the stock.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of company leadership.
• The transactions have no immediate impact on employees, customers, suppliers, or creditors.

Key Dates