Tarvin Landon C 4

What Happened

• Landon C. Tarvin, President of UFP Retail Solutions at UFP Industries (UFPI), exercised stock options to acquire 438 shares at $91.14 per share (total value ~$39,919) on 2026-04-01. On the same date he disposed of 118 shares to the issuer at $91.14 per share (value ~$10,755). Net result: Tarvin increased his holdings by 320 shares (438 acquired − 118 surrendered).

Key Details

• Transaction types and codes: M = exercise/conversion of derivative (438 shares @ $91.14, $39,919); D = disposition to issuer (118 shares @ $91.14, $10,755).
• Transaction date(s): 2026-04-01; Form filed 2026-04-02 (appears timely).
• Shares owned after transaction: not specified in this filing.
• Likely mechanics: disposition-to-issuer often reflects shares surrendered to the company to cover taxes or exercise-related obligations; the filing itself does not state the explicit reason.
• No indication of a 10b5-1 plan or other footnotes disclosed in this filing.

Context

• This was an option exercise (a derivative conversion) rather than an open-market purchase. Because some exercised shares were surrendered to the issuer, this appears to be a common cashless/withholding-type settlement rather than a pure sale for investment purposes.
• Purchases (including exercises) can be more informative than sales, but this filing alone doesn’t state Tarvin’s total post-transaction ownership or intent.