Guerre Robert Paul 4

What Happened

• Guerre Robert Paul, Director of Corporate Compliance at UFP Industries (UFPI), received stock awards on February 19, 2026 totaling 718 units: 452 actual shares and 266 derivative phantom stock units.
• The awards were valued at $110.55 per share: 452 shares = $49,969 and 266 phantom units = $29,406, for a combined value of roughly $79,375.
• These were awards (transaction code A), not open-market purchases or sales; awards are typically compensation-related rather than a direct bullish purchase.

Key Details

• Transaction date: 2026-02-19; Filing date (Form 4): 2026-02-23 (timely filed).
• Price used for valuation: $110.55 per share.
• Shares/units received: 452 shares (actual) + 266 phantom stock units (derivative) = 718 total units.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes:
  • F1: 1-for-1 conversion (each unit converts to one common share).
  • F2: The 266 phantom stock units were accrued under the Company’s Deferred Compensation Plan and are payable in shares upon the reporting person’s death, disability, or retirement.
• Transaction type: Award/Grant (A). The 266-unit line is a derivative (phantom) award, not an immediate share transfer.

Context

• Awards reflect compensation or deferred-pay arrangements and do not indicate an open-market purchase or sale by the insider. Phantom units are contractual rights that convert to shares only upon specified events (death, disability, retirement), so they are not an immediately tradable stake.
• No implication about the insider’s market view should be inferred from compensation awards alone; they are common executive compensation mechanics.