US Foods (NYSE: USFD) executive gets stock grant, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
US Foods Holding Corp. executive James David Works Jr. received 25,011 shares of common stock upon vesting and settlement of performance stock units granted on March 27, 2023, tied to performance over fiscal years 2023–2025. To cover related tax obligations, 13,088 shares were withheld through two share dispositions. After these compensation-related transactions, he directly holds 106,738 shares of US Foods common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Works James David Jr
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,011 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,865 | $90.86 | $987K |
| Tax Withholding | Common Stock | 2,223 | $90.86 | $202K |
Holdings After Transaction:
Common Stock — 119,826 shares (Direct)
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.
Key Figures
Shares granted: 25,011 shares
Tax withholding shares: 13,088 shares
First tax-withholding block: 10,865 shares at $90.86/share
+2 more
5 metrics
Shares granted
25,011 shares
Common stock from vested performance stock units on March 27, 2026
Tax withholding shares
13,088 shares
Shares withheld to satisfy tax obligations on vesting
First tax-withholding block
10,865 shares at $90.86/share
Non-derivative disposition coded F
Second tax-withholding block
2,223 shares at $90.86/share
Non-derivative disposition coded F
Shares held after transactions
106,738 shares
Direct ownership following March 27, 2026 transactions
Key Terms
performance stock units, restricted stock units, tax obligations, vesting, +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 of performance stock units"
vesting financial
"Reflects withholding of shares to satisfy tax obligations in connection with the vesting of performance stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What did the USFD insider James David Works Jr report in this Form 4?
James David Works Jr reported receiving 25,011 US Foods common shares from vested performance stock units, with 13,088 shares withheld to pay taxes. Following these compensation-related transactions, he directly holds 106,738 US Foods Holding Corp. shares.
Were the USFD insider transactions open-market buys or sales?
The filing shows no open-market buying or selling. Shares were acquired through vesting of performance stock units, and dispositions were tax-withholding events where 13,088 shares were withheld to cover tax liabilities on vested equity awards.
What equity awards vested for the USFD insider in this filing?
Performance stock units granted on March 27, 2023 vested and settled into 25,011 US Foods common shares. The number of shares earned was based on achievement against performance metrics over fiscal years 2023 through 2025, as described in the footnotes.