Tarvin Landon C 4

What Happened

• Landon C. Tarvin, President of UFP Retail Solutions at UFP Industries (UFPI), received stock-related awards. On Feb 26, 2026 he was granted 174 shares at $110.55 each (value $19,236). On Feb 27, 2026 he was granted 11 derivative/phantom units at $102.91 each (value $1,132). Total value ≈ $20,368.
• These were awards/grants (transaction code A), not open-market purchases or sales.

Key Details

• Transaction dates and prices:
  • 2026-02-26: 174 shares @ $110.55 = $19,236 (grant)
  • 2026-02-27: 11 derivative/phantom units @ $102.91 = $1,132 (grant; derivative)
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: 1-for-1 (each unit converts 1-for-1 to a share)
  • F2: The 11 phantom stock units were accrued under the Company’s Deferred Compensation Plan and are payable in cash or shares upon the reporting person’s death, disability, or retirement.
• Filing: Form 4 filed 2026-03-02 reporting the Feb 26–27 grants (see EDGAR for the official filing details).

Context

• These are awards/phantom units tied to compensation (not market purchases or sales). Phantom stock units are a deferred-compensation instrument — value is realized later in cash or shares under plan terms, so they do not reflect an immediate buy/sell decision.
• Awards are common for executive compensation; they are informative about pay/retention but do not necessarily signal the insider’s view on near-term stock direction.