UFPI President Michael Ellerbrook Receives 13 Phantom Stock Units

What Happened
Michael M. Ellerbrook, President of UFP Construction (a unit of UFP Industries, ticker UFPI), was awarded 13 derivative units on 2026-07-31 at a per-unit value of $86.74, equal to $1,128 in total. This was an award/grant (not an open-market purchase or sale) — a form of deferred compensation rather than an immediate cash purchase of shares.

Key Details

• Transaction date: 2026-07-31; Form 4 filed: 2026-08-03 (filed within the SEC’s reporting window).
• Transaction type/code: A (award/grant of a derivative).
• Units granted: 13; reported per-unit value: $86.74; total value: $1,128.
• Nature of award: Phantom stock units under the Company’s Deferred Compensation Plan (see footnote F2).
• Conversion: 1-for-1 treatment noted (F1), meaning each phantom unit corresponds to one share equivalent.
• Shares owned after transaction: not specified in the filing.
• Footnote F3 indicates some account holdings may include dividend reinvestment; not directly relevant to this specific grant.

Context
Phantom stock units are a deferred-compensation instrument that typically pay out in cash or shares upon specified events (here: death, disability, or retirement). Because this is a small-value grant of deferred units rather than an outright purchase or sale of common stock, it signals compensation allocation rather than a direct trading view by the insider.