Rhodes Thomas Wayne 4

What Happened

• Thomas Wayne Rhodes, a director of UFP Industries (UFPI), was granted/acquired 571 phantom stock units on 2026-02-02. The units are reported at $104.90 each, a total value of $59,898. The transaction is coded as an award/acquisition (A) and is a derivative grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-02; filing date: 2026-02-04 (timely filing).
• Price per unit reported: $104.90; total value: $59,898.
• Shares acquired: 571 phantom stock units (derivative award).
• Ownership after transaction: not specified in the Form 4 report.
• Footnotes: F1 indicates a 1-for-1 conversion; F2 explains these are phantom stock units 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 (Grant/Award/Other Acquisition).

Context

• This was a derivative award (phantom stock units) that typically vests/settles into actual shares under plan terms at a later date; it does not mean immediate buying or selling in the open market. Such awards are common as director compensation and are not a direct trading signal by themselves.