COLE MICHAEL R 4

What Happened

• Michael R. Cole, Chief Financial Officer of UFP Industries (UFPI), was granted 14 phantom stock units on 2026-01-30. The units are valued at $103.28 each, for a total grant value of $1,446. This was an award/acquisition (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-01-30; filing date (Form 4): 2026-02-02 — filing appears timely.
• Grant details: 14 units @ $103.28 each; total value $1,446.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: 1-for-1 conversion ratio.
  • F2: These are phantom stock units accrued under the Company's Deferred Compensation Plan and are payable in shares of common stock upon the reporting person's death, disability or retirement.
• Transaction type: A = Award/Grant; this is a derivative award (phantom units), not an immediate cash or open-market trade.

Context

• Phantom stock units are deferred compensation that track share value and will be settled in shares under plan terms; they are common executive compensation and do not necessarily signal a buy/sell intent. This grant is a small, routine award (approximately $1.4K) rather than a material insider purchase or sale.