US Foods (USFD) executive has 3,157 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
US Foods Holding Corp. executive James David Works Jr reported routine tax-related share dispositions tied to restricted stock unit vesting. On March 24 and March 25, a total of 3,157 shares of common stock were withheld at prices of $91.13 and $92.48 per share to satisfy tax obligations. Following these transactions, he directly holds 94,815 shares of US Foods common stock. These events reflect tax-withholding mechanics rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Works James David Jr
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,611 | $92.48 | $149K |
| Tax Withholding | Common Stock | 1,546 | $91.13 | $141K |
Holdings After Transaction:
Common Stock — 94,815 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Works James David Jr report at US Foods (USFD)?
Works James David Jr reported tax-related share dispositions at US Foods. A total of 3,157 common shares were withheld to cover tax obligations triggered by restricted stock unit vesting, rather than being sold on the open market.
Were the USFD insider transactions open-market sales or tax withholdings?
The transactions were tax withholdings, not open-market sales. Shares were delivered to satisfy tax obligations upon the vesting of restricted stock units, as indicated by transaction code F and the accompanying footnote disclosure.
What does transaction code F mean in the US Foods (USFD) Form 4?
Transaction code F indicates shares were disposed of to pay taxes or exercise costs. Here, it shows US Foods shares were withheld to satisfy tax obligations arising from the vesting of restricted stock units, not from discretionary market sales.