Benton Patrick M. 4

What Happened

• Patrick M. Benton, President of UFP Construction (a business unit of UFP Industries, ticker UFPI), was granted 4,997 shares of common stock and 585 derivative/phantom stock units on February 19, 2026. The awards were recorded at $110.55 per share, valuing the 4,997-share grant at $552,418 and the 585 phantom units at $64,672 (total ≈ $617,090). These entries are reported as acquisition awards (code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-02-19; reported on Form 4 filed 2026-02-23 (timely filing).
• Price used for reporting: $110.55 per share.
• Shares granted (acquired): 4,997 common shares (cashless/market sale not indicated).
• Derivative units: 585 phantom stock units (reported as acquired; derivative).
• Total value reported: ≈ $617,090 (4,997 × $110.55 = $552,418; 585 × $110.55 = $64,672).
• Footnotes: F1 indicates a 1-for-1 conversion ratio; F2 explains the phantom stock units were accrued under the Company’s Deferred Compensation Plan and are payable in shares upon death, disability, or retirement.
• Shares owned after transaction: not specified in the filing.

Context

• These entries are awards as part of compensation/deferral arrangements rather than open-market buys or sales; such awards commonly reflect pay practices and do not, by themselves, indicate the insider’s market view. The 585-unit entry is a deferred/phantom-stock award (a derivative) that will convert/pay out in common shares under the company’s Deferred Compensation Plan per the footnote.