COLE MICHAEL R 4

What Happened Michael R. Cole, Chief Financial Officer of UFP Industries, was granted 7,727 shares of common stock at an implicit price of $110.55 per share (total value $854,220) and 425 phantom stock units at the same $110.55 per-unit value (total value $46,984) on February 19, 2026. Both entries on the Form 4 are coded as "A" (award/grant/acquisition), indicating these were compensation awards rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-02-19. Filing date (Form 4): 2026-02-23 (filed within the 2-business-day SEC reporting window).
• Awarded shares: 7,727 shares at $110.55 each — $854,220 implied value.
• Phantom/derivative units: 425 units at $110.55 each — $46,984 implied value.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: 1-for-1 conversion ratio.
  • F2: Phantom stock units were 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 code: A = Award/Grant (not an open-market purchase or sale).

Context These entries are compensation awards (direct grants and deferred/phantom units) rather than immediate purchases or sales. Phantom units under the Deferred Compensation Plan convert to shares upon certain events (death, disability, retirement), so they are a form of long-term compensation rather than an immediate change in market exposure. The filing was submitted on 2/23/2026, which meets the SEC’s 2-business-day Form 4 reporting requirement for the 2/19/2026 transaction.