{"schema_version":"secwatch.filing_event.v1","accession":"0000912767-26-000050","form_type":"8-K","ticker":"UFPI","cik":"0000912767","company_name":"UFP INDUSTRIES INC","filed_at":"2026-10-21T19:57:40+00:00","discovered_at":"2026-10-21T20:00:10.230178+00:00","generated_at":"2026-10-21T20:00:14.532411+00:00","sec_items":["5.01","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"UFP Industries sets $5M separation pay for retiring Executive Chairman Missad; dividend up 3% to $0.36","bullets":["Matthew J. Missad retires from employment December 31, 2026, after serving as Executive Chairman since December 29, 2024; he will remain Chairman of the Board.","Separation agreement pays Missad $5.0M gross in three installments of $1,666,666.66 each, due on or about July 1, 2027, 2028 and 2029, in lieu of Executive Retirement Plan benefits.","Missad gets continued restricted stock vesting, eligibility for a 2026 performance bonus paid February 2027, COBRA, and expense reimbursement; pact includes release of claims.","Three-year noncompete runs from the termination date through December 31, 2029, plus confidentiality and non-disparagement covenants; breach lets UFP halt payments and claw back shares.","Board declared a quarterly dividend of $0.36 per share, payable December 15, 2026 to holders of record December 1, 2026, a 3% increase over the 2025 rate."],"urls":{"canonical":"https://secwatch.observer/filing/0000912767-26-000050","json":"https://secwatch.observer/filing/0000912767-26-000050.json","markdown":"https://secwatch.observer/filing/0000912767-26-000050.md","text":"https://secwatch.observer/filing/0000912767-26-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912767/000091276726000050/0000912767-26-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912767/000091276726000050/ufpi-20261021x8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-21T20:00:14.532411+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}