UFP Industries Inc Executive Chairman Matthew J. Missad filed a Form 4 on November 2, 2026, reporting the acquisition of 17 phantom stock units on October 30, 2026, under the company's Deferred Compensation Plan.

Key Highlights

  • Reporting person: Matthew J. Missad, Executive Chairman of UFP Industries Inc (NASDAQ:UFPI)
  • Transaction date: October 30, 2026
  • Securities acquired: 17 phantom stock units, coded as an acquisition (A) under Table II
  • Price per unit: $81.92
  • Total derivative securities beneficially owned following the transaction: 95,794 phantom stock units, held directly
  • Settlement terms: The phantom stock units are payable in shares of the company's common stock upon the reporting person's death, disability, or retirement, according to the filing
  • Conversion ratio: 1 phantom stock unit for 1 share of common stock, as disclosed in the filing

Missad Phantom Stock Unit Accrual Under UFP Industries Deferred Compensation Plan

According to the Form 4 filed with the SEC on November 2, 2026, Matthew J. Missad, who serves as Executive Chairman of UFP Industries Inc, reported the accrual of 17 phantom stock units on October 30, 2026. The filing lists the transaction under Table II (Derivative Securities) with a transaction code of "A," indicating an acquisition. The price associated with the units is listed as $81.92.

The filing discloses that the phantom stock units were accrued under the company's Deferred Compensation Plan. Each unit carries a 1-for-1 conversion ratio to shares of UFP Industries common stock, and the units are "payable in shares of the Company's common stock upon the reporting person's death, disability, or retirement," as stated in the filing's explanation of responses. No expiration date or exercisable date is specified in the filing for these units.

Following this transaction, the filing reports that Missad beneficially owns 95,794 phantom stock units on a direct basis. No transactions were reported in Table I (Non-Derivative Securities) in connection with this filing. The form was signed by Katherine L. Karel on November 2, 2026.

What Was Disclosed

The filing reported the accrual of 17 phantom stock units at $81.92 each by UFP Industries Executive Chairman Matthew J. Missad on October 30, 2026, bringing his total directly held phantom stock units to 95,794 under the company's Deferred Compensation Plan.