COLE MICHAEL R 4

What Happened

• Michael R. Cole, Chief Financial Officer of UFP Industries (UFPI), was granted 16 phantom stock units (derivative award) on 2026-06-30. The units are reported at $90.74 each, a total reported value of $1,452. This was an award/accrual under the company’s compensation plan rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-06-30; 16 units @ $90.74 each (total $1,452).
• Transaction type: Grant/Award (derivative — phantom stock units accrued under deferred compensation).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 indicates a 1-for-1 conversion; F2 explains the phantom stock units are accrued under the Company’s Deferred Compensation Plan and payable in shares upon death, disability, or retirement; F3 notes some shares include those acquired through a dividend reinvestment plan.
• Filing timeliness: Report filed 2026-07-01; no late filing indicated.

Context

• These are derivative phantom stock units (not an immediate open-market purchase). They represent deferred compensation that will be settled in common shares per the plan terms, so the grant reflects compensation accrual rather than an active bet on the stock.