Matthew J. Missad, Executive Chairman of UFP Industries Inc, filed a Form 4 on September 1, 2026, disclosing the acquisition of 17 phantom stock units under the company's Deferred Compensation Plan on August 31, 2026.

Key Highlights

  • Reporting person: Matthew J. Missad, Executive Chairman of UFP Industries Inc (NASDAQ:UFPI)
  • Transaction date: August 31, 2026
  • Security acquired: 17 Phantom Stock Units with a 1-for-1 conversion to common stock
  • Price of derivative security: $84.52
  • Resulting beneficial ownership: 95,757 phantom stock units, held directly
  • Settlement condition: Units are payable in shares of common stock upon the reporting person's death, disability, or retirement

Matthew Missad Accrues Phantom Stock Units Under UFP Industries Deferred Compensation Plan

According to the filing, Matthew J. Missad, who serves as Executive Chairman of UFP Industries Inc (NASDAQ:UFPI) and is based at 2801 East Beltline, N.E., Grand Rapids, Michigan 49525, acquired 17 phantom stock units on August 31, 2026. The transaction was recorded in Table II of the Form 4, which covers derivative securities, and carried transaction code "A," indicating an acquisition.

The filing states the phantom stock units were "accrued under the Company's Deferred Compensation Plan and are payable in shares of the Company's common stock upon the reporting person's death, disability, or retirement." The conversion ratio is 1-for-1 relative to common stock, and the price of the derivative security is listed as $84.52. No expiration date or exercisable date is specified for these units, consistent with their deferred settlement nature described in the filing's footnotes.

Following this transaction, the filing reports that Missad directly holds 95,757 phantom stock units in total. The Form 4 was signed by Katherine L. Karel on September 1, 2026, and was filed as a single reporting person disclosure. No activity was reported in Table I, which covers non-derivative securities.

What Was Disclosed

The filing discloses the acquisition of 17 phantom stock units by UFP Industries Executive Chairman Matthew J. Missad on August 31, 2026, under the company's Deferred Compensation Plan, bringing his total directly held phantom stock units to 95,757.