UFP INDUSTRIES INC·4

Apr 2, 2:54 PM ET

Benton Patrick M. 4

Research Summary

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UFP Industries President Patrick M. Benton Exercises Options

What Happened
Patrick M. Benton, President of UFP Construction (a business unit of UFP Industries, ticker UFPI), exercised stock options on April 1, 2026 to acquire 603 shares at an exercise price of $91.14 per share for a total cost/value of $54,957. On the same day 157 shares were disposed to the issuer at the same $91.14 price (reported value $14,309), commonly reported when shares are surrendered to cover tax withholding or similar obligations.

Key Details

  • Transaction dates and prices: 2026-04-01; exercise of 603 shares @ $91.14 (value $54,957); disposition of 157 shares to issuer @ $91.14 (value $14,309).
  • Transaction types: M = option exercise (603 shares acquired); D = disposition to issuer (157 shares surrendered).
  • Shares owned after transaction: Not stated in this Form 4.
  • Footnote: F1 notes inclusion of units acquired through the dividend reinvestment program (applies to reported ownership/units).
  • Filing: Reported on 2026-04-02 for a 2026-04-01 transaction — filing appears timely under Section 16 reporting rules.

Context
This was an option exercise (a derivative transaction). The partial surrender/disposition of 157 shares to the issuer is a routine mechanic often used to satisfy tax withholding or exercise-related obligations; it does not necessarily signal a change in personal view of the company. Purchases or net acquisitions (here a net of 446 shares retained) are generally more notable to retail investors than routine surrenders.