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$UFPI·8-K

UFP INDUSTRIES INC · Apr 23, 2:13 PM ET

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UFP INDUSTRIES INC 8-K

Research Summary

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UFP Industries Reports Annual Meeting Results; Declares 3% Dividend Increase

What Happened UFP Industries, Inc. filed an 8-K reporting results from its April 22, 2026 Annual Meeting and Board actions. Shareholders elected directors, ratified Deloitte & Touche LLP as independent auditors, and approved the advisory (non-binding) executive compensation vote. The Board also declared a quarterly cash dividend of $0.36 per share, payable June 15, 2026 to shareholders of record on June 1, 2026 — a 3% increase from the 2025 rate.

Key Details

  • Director elections:
    • Mary Tuuk Kuras elected to hold office until the 2028 Annual Meeting (For: 45,368,099; Against: 4,172,095; Abstain: 29,644; Broker non‑votes: 3,116,987).
    • Ronald K. Grubbs, Jr. elected to hold office until the 2029 Annual Meeting (For: 47,673,622; Against: 1,850,575; Abstain: 45,641; Broker non‑votes: 3,116,987).
    • Benjamin J. McLean elected to hold office until the 2029 Annual Meeting (For: 45,592,715; Against: 3,950,773; Abstain: 26,350; Broker non‑votes: 3,116,987).
    • Michael G. Wooldridge elected to hold office until the 2029 Annual Meeting (For: 39,311,848; Against: 10,238,391; Abstain: 19,599; Broker non‑votes: 3,116,987).
  • Auditors: Shareholders ratified Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal 2026 (For: 52,408,230; Against: 201,324; Abstain: 77,271).
  • Executive compensation: Advisory "say‑on‑pay" proposal was approved (For: 47,706,018; Against: 1,772,787; Abstain: 91,033; Broker non‑votes: 3,116,987).
  • Dividend: Quarterly cash dividend declared at $0.36 per share, payable June 15, 2026 to holders of record on June 1, 2026 (3% increase vs. 2025).

Why It Matters These results confirm shareholder support for the company’s board slate, auditor selection, and executive pay approach, which helps ensure continuity in governance and external audit oversight. The dividend increase signals continued cash returns to shareholders and may be of interest to income-focused investors. The filing documents are based on the Company’s proxy statement filed March 9, 2026.

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