US Foods (NYSE: USFD) CEO gets stock grant with tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
US Foods Holding Corp. Chief Executive Officer David E. Flitman reported equity compensation activity involving company common stock. He acquired 164,050 shares on March 27, 2026 from the vesting and settlement of performance stock units granted on March 27, 2023, based on performance over fiscal years 2023–2025.
To cover related tax obligations, 74,397 shares were withheld in connection with the vesting of performance stock units and 15,216 shares were withheld in connection with the vesting of restricted stock units, both at $90.86 per share. After these transactions, Flitman directly owned 497,587 shares of US Foods common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Flitman David E
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 164,050 | $0.00 | -- |
| Tax Withholding | Common Stock | 74,397 | $90.86 | $6.76M |
| Tax Withholding | Common Stock | 15,216 | $90.86 | $1.38M |
Holdings After Transaction:
Common Stock — 587,200 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: 164,050 shares
Tax withholding (PSUs): 74,397 shares at $90.86/share
Tax withholding (RSUs): 15,216 shares at $90.86/share
+1 more
4 metrics
Shares granted
164,050 shares
Common stock from vesting of performance stock units on <date>March 27, 2026</date>
Tax withholding (PSUs)
74,397 shares at $90.86/share
Shares withheld to satisfy tax obligations on vested performance stock units
Tax withholding (RSUs)
15,216 shares at $90.86/share
Shares withheld to satisfy tax obligations on vested restricted stock units
Post-transaction holdings
497,587 shares
US Foods common stock directly owned by CEO after transactions
Key Terms
performance stock units, restricted stock units, vesting, withholding of shares
4 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
"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.
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.
FAQ
What insider transaction did US Foods (USFD) CEO David Flitman report?
US Foods CEO David Flitman reported an equity award and related tax withholding transactions. He acquired 164,050 common shares through vesting performance stock units, then had shares withheld to satisfy tax obligations tied to both performance stock units and restricted stock units.
Were there any open-market stock sales in this US Foods (USFD) Form 4?
The Form 4 shows no open-market stock sales by David Flitman. The only dispositions were 74,397 and 15,216 shares withheld to satisfy tax obligations upon vesting of performance and restricted stock units, a standard non-market mechanism rather than discretionary selling.
What performance period did the US Foods (USFD) performance stock units cover?
The performance stock units that vested for David Flitman were granted on March 27, 2023. Shares were earned based on achievement against specified performance metrics following completion of a three-year performance period covering fiscal years 2023, 2024, and 2025.