US Foods (NYSE: USFD) CFO granted shares; 32,508 withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
US Foods Holding Corp. EVP and CFO Dirk J. Locascio reported equity compensation and related tax withholding in company stock. He acquired 45,475 shares of common stock on March 27, 2026 upon vesting and settlement of performance stock units granted on March 27, 2023, tied to performance over fiscal years 2023–2025. To cover tax obligations from vesting of performance and restricted stock units, a total of 32,508 shares were withheld at $90.86 per share. After these entries, he holds 126,262 shares directly and is also deemed to beneficially own 20,000 shares in The Debra Locascio 2022 Living Trust and 79,285 shares in The Dirk J. Locascio 2022 Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Locascio Dirk J.
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45,475 | $0.00 | -- |
| Tax Withholding | Common Stock | 20,146 | $90.86 | $1.83M |
| Tax Withholding | Common Stock | 8,241 | $90.86 | $749K |
| Tax Withholding | Common Stock | 4,121 | $90.86 | $374K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 158,770 shares (Direct);
Common Stock — 20,000 shares (Indirect, Trust DL)
Footnotes (1)
- Shares acquired upon vesting and settlement of performance stock units granted on March 27, 2023, with the number of shares earned based on achievement against certain performance metrics following the end of a three-year performance period (fiscal years 2023-2025). Reflects withholding of shares to satisfy tax obligations in connection with the vesting of performance stock units. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of restricted stock units. Represents shares held by The Debra Locascio 2022 Living Trust, all of which are deemed beneficially owned by Mr. Locascio. Represents shares held by The Dirk J. Locascio 2022 Living Trust, all of which are deemed beneficially owned by Mr. Locascio.
Key Figures
PSU shares vested: 45,475 shares
Tax-withheld shares: 32,508 shares
Withholding price: $90.86 per share
+3 more
6 metrics
PSU shares vested
45,475 shares
Common stock acquired on March 27, 2026 from performance stock units
Tax-withheld shares
32,508 shares
Shares withheld to satisfy tax obligations on vesting awards
Withholding price
$90.86 per share
Price used for tax-withholding dispositions of common stock
Direct holdings after transactions
126,262 shares
Common stock directly owned following reported entries
Debra Locascio trust holdings
20,000 shares
Shares held by The Debra Locascio 2022 Living Trust
Dirk J. Locascio trust holdings
79,285 shares
Shares held by The Dirk J. Locascio 2022 Living Trust
Key Terms
performance stock units, restricted stock units, tax obligations, beneficially owned, +1 more
5 terms
performance stock units financial
"Shares acquired upon vesting and settlement of performance stock units granted on March 27, 2023"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
restricted stock units financial
"Reflects withholding of shares to satisfy tax obligations in connection with the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax obligations financial
"Reflects withholding of shares to satisfy tax obligations in connection with the vesting"
beneficially owned financial
"all of which are deemed beneficially owned by Mr. Locascio"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Living Trust financial
"Represents shares held by The Debra Locascio 2022 Living Trust"
FAQ
What did USFD CFO Dirk Locascio report in this Form 4?
Dirk Locascio reported equity compensation activity, receiving 45,475 US Foods common shares from vesting performance stock units and having 32,508 shares withheld to cover tax obligations. These are compensation and tax entries, not open-market purchases or sales.
What are performance stock units mentioned for US Foods (USFD) CFO?
Performance stock units are equity awards that convert into shares if specific performance goals are met. Locascio’s 45,475 shares were earned from PSUs granted March 27, 2023, with results based on company performance over fiscal years 2023, 2024, and 2025.
What do the tax-withholding transactions mean in the USFD Form 4?
The tax-withholding entries reflect shares delivered back to the company to pay taxes due on vesting awards. For Locascio, 32,508 shares were withheld at $90.86 per share, covering tax liabilities on performance and restricted stock unit vesting without indicating discretionary selling.