Landon C. Tarvin, President of UFP Retail at UFP Industries Inc (NASDAQ:UFPI), filed a Form 4 on September 1, 2026, disclosing the acquisition of 13 phantom stock units on August 31, 2026, under the company's Deferred Compensation Plan.

Key Highlights

  • Reporting person: Landon C. Tarvin, President, UFP Retail
  • Transaction date: August 31, 2026
  • Securities acquired: 13 phantom stock units via transaction code A (acquired)
  • Price per unit: $84.52
  • Total phantom stock units beneficially owned following the transaction: 3,375, held directly
  • Conversion ratio: 1 for 1, with underlying security being common stock

Phantom Stock Accrual by UFP Industries UFP Retail President Tarvin

According to the filing, Landon C. Tarvin, who serves as President of UFP Retail at UFP Industries Inc, reported the acquisition of 13 phantom stock units on August 31, 2026. The units were acquired through transaction code A, indicating an acquisition, and are classified as derivative securities in Table II of the Form 4. The price of the derivative security is listed as $84.52, and the underlying security is common stock on a 1-for-1 conversion basis.

The filing explains that "the phantom stock units were accrued under the Company's Deferred Compensation Plan and are payable in cash or shares of the Company's common stock upon the reporting person's death, disability, or retirement." No date exercisable or expiration date is specified in the filing. Following this transaction, Tarvin beneficially owns 3,375 phantom stock units directly. No transactions in non-derivative securities were reported in Table I of the filing.

The Form 4 was signed by Katherine L. Karel on September 1, 2026, and was filed by one reporting person. The filing does not indicate that the 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, disclosed the accrual of 13 phantom stock units at $84.52 under the company's Deferred Compensation Plan on August 31, 2026, bringing his total direct beneficial ownership of such units to 3,375.