Director Thomas Wayne Rhodes filed a Form 4 with the SEC on November 3, 2026, disclosing the acquisition of 720 Phantom Stock Units in UFP Industries Inc (NASDAQ:UFPI) on November 2, 2026, under the company's Director Compensation Plan.

Key Highlights

  • Reporting person: Thomas Wayne Rhodes, disclosed as a Director of UFP Industries Inc.
  • Transaction: 720 Phantom Stock Units acquired (transaction code A) on November 2, 2026, at a price of $83.14 per unit.
  • Plan-based award: According to the filing, the units were "credited as part of Director Compensation Plan."
  • Dividend credit: The filing notes 284 shares were credited based on a dividend paid on September 15, 2026.
  • Resulting holdings: Following the reported transaction, Rhodes beneficially owned 69,482 Phantom Stock Units, held directly.
  • Settlement terms: The filing states units are "issuable following termination of service as a director."

Director Rhodes Adds Phantom Stock Units Through UFP Industries Compensation Plan

According to the Form 4 filing, Thomas Wayne Rhodes, a director of UFP Industries Inc (NASDAQ:UFPI), acquired 720 Phantom Stock Units on November 2, 2026. The filing identifies the transaction code as "A" (acquired) and states the units were "credited as part of Director Compensation Plan," with a price of $83.14 per unit. The units carry a 1-for-1 conversion ratio to common stock, as noted in the filing's explanatory footnotes.

The filing also discloses that 284 shares were credited to Rhodes's account based on a dividend paid on September 15, 2026. Following all reported transactions, Rhodes's total beneficial ownership of Phantom Stock Units stands at 69,482, held in direct form. The filing states the underlying common stock shares are issuable following his termination of service as a director, meaning the units do not convert to common shares while board service continues.

The Form 4 was signed by Katherine L. Karel on November 3, 2026, the same date it was filed with the SEC. No amendment date is listed, indicating this is an original filing. Rhodes's address of record is listed as 2801 East Beltline NE, Grand Rapids, Michigan 49525.

What Was Disclosed

Thomas Wayne Rhodes, a director at UFP Industries Inc, reported the acquisition of 720 Phantom Stock Units on November 2, 2026, at $83.14 each, credited under the Director Compensation Plan, bringing his total beneficial ownership to 69,482 units.