Landon C Tarvin, President of UFP Retail at UFP Industries Inc, filed a Form 4 on November 2, 2026, reporting the acquisition of 14 phantom stock units on October 30, 2026, under the company's Deferred Compensation Plan.

Key Highlights

  • Reporting person: Landon C Tarvin, identified in the filing as President, UFP Retail at UFP Industries Inc (NASDAQ:UFPI).
  • Transaction: 14 phantom stock units acquired (transaction code A) on October 30, 2026.
  • Price per unit: $81.92, as stated in the filing.
  • Post-transaction holdings: Tarvin beneficially owned 3,404 phantom stock units following the reported transaction, held directly.
  • Settlement terms: According to the filing, the units "are payable in cash or shares of the Company's common stock upon the reporting person's death, disability, or retirement."
  • Conversion ratio: The filing notes a 1-for-1 conversion ratio between phantom stock units and common stock.

Tarvin's Phantom Stock Unit Accrual Under UFP Industries Deferred Compensation Plan

According to the Form 4 filed with the SEC on November 2, 2026, Landon C Tarvin, who serves as President of UFP Retail at UFP Industries Inc, reported the accrual of 14 phantom stock units on October 30, 2026. The filing identifies these units as derivative securities acquired under the company's Deferred Compensation Plan, with a price of $81.92 per unit. The transaction code recorded is "A," denoting an acquisition.

The filing explains that the phantom stock units carry a 1-for-1 conversion ratio relative to common stock and "are payable in cash or shares of the Company's common stock upon the reporting person's death, disability, or retirement." No immediate transfer of common shares is involved in this transaction. Following the reported acquisition, the filing states that Tarvin holds a total of 3,404 phantom stock units directly in derivative securities.

No activity was reported in Table I covering non-derivative common stock holdings. The form was signed by Katherine L. Karel on November 2, 2026, on behalf of the reporting person. The filing does not indicate that this transaction was made pursuant to a Rule 10b5-1(c) plan.

What Was Disclosed

Landon C Tarvin, President of UFP Retail at UFP Industries Inc (NASDAQ:UFPI), disclosed the accrual of 14 phantom stock units on October 30, 2026, at $81.92 each under the company's Deferred Compensation Plan, bringing his total phantom stock unit holdings to 3,404.