WALKER BRIAN C 4
Research Summary
AI-generated summary
UFPI Director Brian C. Walker Receives 322-Share Award
What Happened
Brian C. Walker, a director of UFP Industries, was granted 322 phantom stock units (derivative shares) on 2026-02-02. The filing values the award at $104.90 per share for a total value of $33,778. This was an award/acquisition under the company’s compensation arrangements, not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-02-02, 322 units at $104.90 each (total $33,778). Transaction type: A (award/grant/other acquisition); derivative security.
- Shares owned after transaction: Not provided in the supplied filing details.
- Footnotes: F1 denotes a 1-for-1 conversion; F2 explains these are phantom stock units accrued under the company’s Deferred Compensation Plan and are payable in shares of common stock upon death, disability, or retirement.
- Filing: Report filed 2026-02-04 reporting the 2026-02-02 transaction (appears to be timely based on the filing date).
Context
Phantom stock units are a form of deferred compensation that typically convert to actual shares (or cash equivalent) later and do not represent an immediate open-market purchase. Such awards are common as part of director/executive compensation and are informational rather than a direct buy signal.