US Foods (NYSE: USFD) executive withholds shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
US Foods Holding Corp. officer John A. Tonnison reported two transactions in company common stock. On March 24, 2026, 867 shares were withheld at $91.13 per share, and on March 25, 2026, 1,410 shares were withheld at $92.48 per share. A footnote explains these were shares withheld to satisfy tax obligations tied to the vesting of restricted stock units, not open-market sales. After the latest transaction, Tonnison directly held 119,165 shares of US Foods common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tonnison John A
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,410 | $92.48 | $130K |
| Tax Withholding | Common Stock | 867 | $91.13 | $79K |
Holdings After Transaction:
Common Stock — 119,165 shares (Direct)
Footnotes (1)
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FAQ
What did USFD officer John A. Tonnison report in this Form 4?
John A. Tonnison reported two share dispositions by withholding common stock for taxes. In total, 2,277 shares were withheld in connection with restricted stock unit vesting, rather than sold in the open market, and he retained 119,165 shares afterward.
Were the USFD Form 4 transactions open-market sales of US Foods stock?
No, the transactions were not open-market sales. Both were coded “F” and described as payments of tax liabilities by delivering securities, with a footnote stating shares were withheld to satisfy taxes from restricted stock unit vesting.
What does transaction code “F” mean in the USFD Form 4 filing?
Code “F” indicates shares were disposed to pay an exercise price or tax liability. Here, both entries represent withholding of US Foods common stock to satisfy tax obligations arising from restricted stock unit vesting, rather than discretionary market trades.