UFP INDUSTRIES INC·4

Mar 2, 11:03 AM ET

Benton Patrick M. 4

Research Summary

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UFPI President Patrick M. Benton Receives 2,034-Share Award

What Happened

  • Patrick M. Benton, President of UFP Construction (UFP Industries, ticker UFPI), acquired shares via two compensation awards (transaction code A). He received 174 shares on 2026-02-26 at $110.55 each ($19,236) and 1,860 shares on 2026-02-27 at $110.55 each ($205,623), for a total of 2,034 shares valued at roughly $224,859.
  • This was an award/grant (not an open-market purchase or sale). Awards are compensation-related acquisitions and are treated differently than discretionary purchases.

Key Details

  • Transaction dates and prices: 2026-02-26 — 174 shares @ $110.55 ($19,236); 2026-02-27 — 1,860 shares @ $110.55 ($205,623).
  • Total shares acquired: 2,034; total value ≈ $224,859.
  • Shares owned after the transaction: not specified in the provided filing.
  • Footnotes/plan info: filing shows these as awards (A); no 10b5-1 plan, tax-withholding, or other footnotes were indicated in the provided details.
  • Filing timeliness: Report filed 2026-03-02. That filing date meets the SEC Form 4 two-business-day requirement for these transaction dates (timely).

Context

  • Transaction code A means these shares were issued as awards/grants (typically part of compensation or equity incentive arrangements), not bought in the open market. Such awards are common compensation for executives and do not by themselves indicate a market-driven buy or sell decision.
  • No indication in the provided filing that shares were immediately sold (i.e., this was not a cashless exercise or sale).