A Form 4 filed on August 4, 2026 by director Thomas Wayne Rhodes discloses the acquisition of 653 Phantom Stock Units in UFP Industries Inc (NASDAQ: UFPI), with the earliest transaction date of August 3, 2026.
Key Highlights
- Reporting person: Thomas Wayne Rhodes, identified as a Director of UFP Industries Inc.
- Transaction: Acquisition (Code A) of 653 Phantom Stock Units on August 3, 2026 at a price of $91.68 per unit.
- Conversion ratio: Each Phantom Stock Unit converts to Common Stock at a 1-for-1 ratio, with shares issuable following termination of service as a director.
- Post-transaction holdings: Rhodes beneficially owned 68,478 Phantom Stock Units following the reported transaction, held directly.
- Dividend adjustment: The post-transaction total includes 254 shares credited based on a dividend paid on June 15, 2026.
- Filing signed by: Katherine L. Karel, on August 4, 2026.
Thomas Wayne Rhodes Phantom Stock Unit Acquisition at UFP Industries
According to the filing, Thomas Wayne Rhodes, a director of UFP Industries Inc, acquired 653 Phantom Stock Units on August 3, 2026. The transaction was coded as an acquisition (A) under Table II, which covers derivative securities. The price of the derivative security was reported as $91.68, and the underlying security is Common Stock, with the Phantom Stock Units converting at a 1-for-1 ratio.
The filing notes that shares underlying the Phantom Stock Units are issuable following termination of service as a director. Following the reported transaction, Rhodes held 68,478 Phantom Stock Units in direct ownership. The filing further discloses that this total includes 254 shares credited based on a dividend paid on June 15, 2026. No transactions were reported in Table I covering non-derivative securities.
The Form 4 was filed by one reporting person and was signed by Katherine L. Karel on August 4, 2026. No amendment date was indicated, and no box was checked to indicate the transaction was made pursuant to a Rule 10b5-1(c) plan.
What Was Disclosed
The filing reports that UFP Industries director Thomas Wayne Rhodes acquired 653 Phantom Stock Units on August 3, 2026 at $91.68, bringing his total beneficial ownership of such units to 68,478, including 254 shares credited from a June 15, 2026 dividend.



Please wait processing your request...