SCHWARTZ WILLIAM DANNY 4

What Happened

• William D. Schwartz, CEO of UFP Industries (UFPI), was granted/acquired 13,018 shares and 1,064 derivative phantom stock units on Feb 19, 2026 (transaction code A). The 13,018 shares were valued at $110.55 each ($1,439,140) and the 1,064 phantom units at $110.55 each ($117,625), for an aggregate value of $1,556,765. This was an award/grant (acquisition), not a sale.

Key Details

• Transaction date: 2026-02-19; price per share used for valuation: $110.55.
• Shares/units received: 13,018 shares (direct) + 1,064 phantom stock units (derivative) = 14,082 total.
• Total reported value: $1,556,765 (13,018 × $110.55 = $1,439,140; 1,064 × $110.55 = $117,625).
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnotes: F1 indicates a 1-for-1 conversion; F2 explains the 1,064 phantom units were accrued under the Company’s Deferred Compensation Plan and are payable in shares upon the reporting person’s death, disability, or retirement.
• Filing: Report filed 2026-02-23 for the 2026-02-19 transaction — appears timely (filed within the typical two business-day window).

Context

• The 1,064 phantom units are deferred compensation, not immediately tradable shares; they convert 1-for-1 to common stock upon qualifying events (per F2).
• This was a company award/grant rather than an open-market purchase or exercise-and-sell, so it reflects compensation or long-term incentive rather than an immediate personal investment or liquidity event.