UFP INDUSTRIES INC·4

Feb 23, 11:37 AM ET

MISSAD MATTHEW J 4

Research Summary

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UFP Industries Exec Chairman Matthew Missad Receives Award

What Happened
Matthew J. Missad, Executive Chairman of UFP Industries (UFPI), was granted a total of 5,852 shares on 2026-02-19. That consisted of 4,788 actual shares (4,788 × $110.55 = $529,313) and 1,064 derivative/phantom stock units (1,064 × $110.55 = $117,625), for an aggregate value of about $646,938. These were reported as awards/grants (transaction code A), not open‑market purchases or sales.

Key Details

  • Transaction date: 2026-02-19. Filing date: 2026-02-23 (timely filed).
  • Prices and amounts: 4,788 shares @ $110.55 = $529,313 (acquired); 1,064 derivative units @ $110.55 = $117,625 (acquired).
  • Shares owned following the transaction: not specified in the information provided in this summary.
  • Footnotes: F1 indicates a 1-for-1 conversion; F2 explains the 1,064 units are phantom stock units accrued under the company’s Deferred Compensation Plan and are payable in shares upon the reporting person’s death, disability, or retirement.
  • Transaction code: A = grant/award; derivative units were recorded separately (not a sale or exercise).

Context
These awards are compensation/retirement-related grants (including deferred phantom units) rather than open‑market buying, so they reflect company compensation policy rather than an immediate personal market investment. Phantom units will convert to shares upon specified triggering events (death, disability or retirement) per the Deferred Compensation Plan.