Michael M. Ellerbrook, President of UFP Construction at UFP Industries Inc., filed a Form 4 on November 2, 2026, reporting the acquisition of 17 phantom stock units on October 30, 2026, under the company's Deferred Compensation Plan.

Key Highlights

  • Reporting person: Michael M. Ellerbrook, President, UFP Construction
  • Transaction date: October 30, 2026
  • Security acquired: 17 phantom stock units, transaction code A (acquired)
  • Price per unit: $81.92
  • Post-transaction holdings: 19,364 phantom stock units beneficially owned directly
  • Settlement terms: Units are payable in cash or shares of common stock upon the reporting person's death, disability, or retirement, according to the filing

Ellerbrook's October 2026 Phantom Stock Unit Accrual Under UFP Industries Deferred Compensation Plan

According to the Form 4 filed with the SEC, Michael M. Ellerbrook, who serves as President of UFP Construction at UFP Industries Inc. (NASDAQ:UFPI), reported the acquisition of 17 phantom stock units on October 30, 2026. The units were accrued under the company's Deferred Compensation Plan, with a 1-for-1 conversion ratio relative to common stock, as noted in the filing's explanatory footnotes.

The filing discloses that each phantom stock unit carries a price of $81.92 and that the units "are payable in cash or shares of the Company's common stock until the reporting person's death, disability, or retirement." Following this transaction, Ellerbrook directly holds 19,364 phantom stock units in total. The units are classified as derivative securities in Table II of the Form 4, with no expiration date specified and no non-derivative securities reported in Table I.

The Form 4 was signed by Katherine L. Karel on November 2, 2026, and was filed by one reporting person. No amendment date was listed, indicating this is an original filing. The transaction was not marked as having been made pursuant to a Rule 10b5-1(c) plan.

What Was Disclosed

Michael M. Ellerbrook filed a Form 4 reporting the accrual of 17 phantom stock units at $81.92 each under UFP Industries' Deferred Compensation Plan on October 30, 2026, bringing his total direct holdings in this derivative security to 19,364 units.