Tarvin Landon C 4
Research Summary
AI-generated summary
UFP Industries (UFPI) President Landon C. Tarvin Receives 12-Share Award
What Happened
Landon C. Tarvin, President of UFP Retail Solutions at UFP Industries (UFPI), was granted 12 phantom stock units on 2026-06-30 at an imputed value of $90.74 each, for a total value of $1,089. The award is a derivative (phantom) grant under the company's deferred compensation plan, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Form filed: 2026-07-01 (timely filing).
- Grant type/code: A (award/acquisition) — derivative phantom stock units.
- Price/value: $90.74 per unit; total value $1,089.
- Shares/units owned after transaction: not specified in the provided filing.
- Footnotes: F1 = 1-for-1 conversion; F2 = units accrued under Deferred Compensation Plan and payable in cash or shares upon death, disability, or retirement; F3 relates to dividend reinvestment (not directly tied to this award).
- Filing timeliness: Appears timely (Form 4 filed the next day).
Context
This was a compensation award of phantom stock units (deferred compensation) rather than a market trade. Such awards are typically administrative/compensation events; they do not by themselves signal a purchase or sale intent in the open market. The grant is modest in value (~$1.1K).