---
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"
generated_at: "2026-10-21T20:00:14.532411+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# UFP Industries sets $5M separation pay for retiring Executive Chairman Missad; dividend up 3% to $0.36

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912767-26-000050
- JSON: https://secwatch.observer/filing/0000912767-26-000050.json
- Plain text: https://secwatch.observer/filing/0000912767-26-000050.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.