Tarvin Landon C 4

What Happened

Landon C. Tarvin, President of UFP Retail Solutions at UFP Industries (UFPI), was granted 12 derivative phantom stock units on 2026-03-31. The units were valued at $92.12 each, for a total notional value of about $1,105. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; reported on Form 4 filed 2026-04-01 (appears timely).
• Grant: 12 phantom stock units @ $92.12 each; total ~$1,105.
• Nature: Derivative award (phantom stock accrued under the Company’s Deferred Compensation Plan).
• Conversion ratio: 1-for-1 (per footnote F1).
• Payout terms: Units are payable in cash or shares upon the reporting person’s death, disability, or retirement (per footnote F2).
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

Phantom stock units are a deferred-compensation derivative — they track share value but are typically paid in cash or converted to shares later under plan rules. Because this is an awarded, accrued deferred-compensation grant (not a market purchase or sale), it should be viewed as compensation/retention-related rather than a direct bullish purchase signal.