UFPI Director Thomas Rhodes Receives 653-Share Award

What Happened
Thomas Rhodes, a director of UFP Industries (UFPI), was granted 653 shares as a derivative award on August 3, 2026. The award is reported at $91.68 per share for a total value of $59,867. This was an award/acquisition (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-08-03; Report filed: 2026-08-04 (next business day).
• Price/value: $91.68 per share; total reported value $59,867.
• Transaction type: Code A — grant/award (reported as a derivative transaction).
• Shares owned after transaction: Not specified in the filing.
• Footnotes from the filing:
  • F1: 1 for 1 (allocation ratio).
  • F2: Shares are issuable following termination of service as a director (deferred/contingent issuance).
  • F3: Includes 254 shares credited based on a dividend paid June 15, 2026.
• No indication these shares were sold immediately; this appears to be a compensation/award issuance rather than a sale.

Context
This is a derivative award tied to director service (likely deferred compensation or restricted share units that become issuable on termination), so it reflects compensation rather than an open-market investment by the insider. Such grants are common for board members and are not direct evidence of near-term insider buying or selling intentions.