[Form 4] UNIFIRST CORP Insider Trading Activity
UniFirst Corporation (UNF) officer Kelly C. Rooney reported a Form 4 disclosing a September 30, 2025 transaction that reduced her direct common stock holdings. The filing shows 1,919 shares were disposed of on 09/30/2025 at a price of $167.19 per share; the Form explains these shares were withheld by the company to satisfy tax-withholding obligations related to the vesting of restricted stock units.
After the withholding, the reporting person beneficially owns 6,983 shares in total, comprised of 1,259 RSUs vesting 09/30/2026, 3,112 RSUs vesting in three equal installments on 10/31/2025, 10/31/2026 and 10/31/2027, and 2,612 shares of common stock. The filer is identified as Executive VP and COO and the Form is signed by an attorney-in-fact on 10/02/2025.
- Continued ownership and deferred compensation: Reporting person retains 6,983 total shares including RSUs that vest through 2027, supporting alignment with shareholders
- Transparent disclosure: Filing specifies transaction date (09/30/2025), price ($167.19) and reason (tax withholding for RSU vesting)
- None.
Insights
TL;DR: Routine tax-withholding sale tied to RSU vesting; ownership remains concentrated in RSUs and shares.
The disclosed 1,919-share disposition at $167.19 is described as tax withholding on vesting and is a non-economic sale by the officer, so it is not a directional vote on company outlook. Post-transaction beneficial ownership of 6,983 shares includes time-vested equity that will convert into common stock over 2025-2027, which aligns management incentives with long-term performance. No derivative transactions, option exercises, nor additional cash purchases were reported. Overall this is a routine insider filing with limited market impact.
TL;DR: Insider retained meaningful deferred equity; disclosure is standard and shows ongoing alignment with shareholders.
The reporting person holds 1,259 RSUs vesting in 2026 and 3,112 RSUs that begin vesting in late 2025, plus 2,612 outright shares. The withholding of 1,919 shares for taxes is customary upon RSU vesting and reduces outstanding personal share count but does not indicate divestiture intent. The filing is complete in identifying relationship (Executive VP and COO), transaction date, price and post-transaction holdings, meeting typical Section 16 disclosure expectations.