Tarvin Landon C 4

What Happened

• Landon C. Tarvin, President of UFP Retail Solutions, was granted 11 phantom stock units (reported as a derivative award) on January 30, 2026. The units were valued at $103.28 each for a total reported value of about $1,136.
• This transaction is an award (Form 4 code A) under the company's deferred compensation plan — a compensation grant rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-01-30 — 11 units @ $103.28 each (total ~$1,136).
• Transaction type: Award/Grant (derivative phantom stock units), Form 4 code A.
• Shares owned after transaction: Not specified in the provided filing data.
• Footnotes: F1 indicates a 1-for-1 conversion; F2 notes these are phantom stock units accrued under the Company’s Deferred Compensation Plan and are payable in cash or shares upon death, disability, or retirement.
• Filing: Report filed 2026-02-02 covering the 2026-01-30 transaction.

Context

• Phantom stock units are a form of deferred compensation that track the value of company shares but aren’t the immediate issuance of common stock. They typically convert to cash or stock under plan terms and do not necessarily signal a personal purchase or sale decision.
• Such awards are routine for executives and reflect compensation, not an open-market investment.