Form 4: UFPI CFO Acquires Phantom Stock Units

UFP Industries' Chief Financial Officer, Michael R. Cole, acquired 14 phantom stock units as part of a deferred compensation plan.

Summary

• Michael R. Cole, Chief Financial Officer of UFP Industries Inc. (UFPI), acquired 14 phantom stock units.
• The transaction occurred on August 29, 2025.
• Each phantom stock unit was valued at $100.97.
• Following this acquisition, Mr. Cole beneficially owns a total of 31,647 phantom stock units.
• These phantom stock units are accrued under the Company's Deferred Compensation Plan and are payable in shares of the Company's Common Stock upon the reporting person's death, disability, or retirement.
• The total beneficial ownership includes shares acquired through a dividend reinvestment plan.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as it reflects a routine executive compensation event, increasing the CFO's stake and aligning interests with shareholders. It is not a significant market-moving event.

Positives

• The acquisition of phantom stock units by the CFO indicates continued alignment of management's interests with shareholder value.
• Participation in the deferred compensation plan is a standard practice for executive retention and long-term incentive.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the nature of the deferred compensation plan, which outlines payment upon future events such as death, disability, or retirement.

Industry Context

This is a routine insider transaction related to executive compensation, which is common across various industries. It does not provide specific insights into broader industry trends for the building materials or manufacturing sectors where UFP Industries operates.

Comparison to Industry Standards

• Executive deferred compensation plans, including those involving phantom stock units, are a common component of executive compensation packages in publicly traded companies across various industries, aligning executive incentives with long-term company performance.
• The reported transaction size of 14 units is relatively small in the context of the total 31,647 units beneficially owned, suggesting a routine accrual rather than a significant new investment or divestment.

Stakeholder Impact

• Shareholders: Increased alignment of the Chief Financial Officer's interests with long-term shareholder value through additional equity-linked compensation.
• Employees: No direct impact on general employees, as this relates to executive compensation.

Key Dates

Keywords

UFP Industries, UFPI, Michael R. Cole, CFO, Phantom Stock Units, Deferred Compensation Plan, Insider Transaction, Executive Compensation, Beneficial Ownership