UFP Industries (UFPI) President Landon Tarvin Receives Award

What Happened Landon C. Tarvin, President of UFP Retail at UFP Industries (UFPI), was granted 13 derivative/phantom stock units on 2026-08-31. The units are recorded at $84.52 each, for an aggregate value of about $1,099. This was an award (not an open-market purchase or sale) under the company’s compensation plan.

Key Details

• Transaction date: 2026-08-31; filing date: 2026-09-01.
• Grant: 13 phantom stock units @ $84.52 each; total value ≈ $1,099.
• Transaction type: Award/Grant (code A); derivative instrument (phantom units), not a direct share purchase.
• Shares/units owned following the transaction: not specified in this filing.
• Footnotes: F1 indicates a 1-for-1 ratio (each unit corresponds to one share); F2 clarifies these 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 timeliness: filed the next day after the reported transaction; not marked as late.

Context Phantom stock units are a deferred-compensation derivative—no actual shares changed hands at grant. They typically convert to cash or shares upon a future trigger (retirement, disability, or death), so this award reflects compensation accrual rather than an immediate bullish stake increase.