US Foods (NYSE: USFD) CFO sale, large gift and trust transfers
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
US Foods Holding Corp. EVP and CFO Dirk J. Locascio reported multiple stock transactions in the company’s common stock. On March 30, 2026, he sold 20,000 shares in an open-market transaction at $91.19 per share under a Rule 10b5-1 trading plan adopted on November 25, 2025.
He also made a bona fide gift of 85,464 shares and transferred 42,732 shares to each of The Debra Locascio 2022 Living Trust and The Dirk J. Locascio 2022 Living Trust. Following these moves, he holds 20,798 shares directly and additional shares indirectly through the two living trusts, which are deemed beneficially owned by him.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($1,823,800)
Net Sell
4 txns
Insider
Locascio Dirk J.
Role
EVP, Chief Financial Officer
Sold
20,000 shs ($1.82M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $91.19 | $1.82M |
| Gift | Common Stock | 85,464 | $0.00 | -- |
| Other | Common Stock | 42,732 | $0.00 | -- |
| Other | Common Stock | 42,732 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 106,262 shares (Direct);
Common Stock — 62,732 shares (Indirect, Trust DL)
Footnotes (1)
- Effected pursuant to a Rule 10b5-1 trading plan adopted on November 25, 2025. Reflects 42,732 shares transferred from Mr. Locascio's individual account to each of The Debra Locascio 2022 Living Trust and The Dirk J. Locascio 2022 Living Trust. Reflects transfer of shares from Mr. Locascio's individual account to The Debra Locascio 2022 Living Trust. Represents shares held by The Debra Locascio 2022 Living Trust, all of which are deemed beneficially owned by Mr. Locascio. Reflects transfer of shares from Mr. Locascio's individual account to The Dirk J. Locascio 2022 Living Trust. Represents shares held by The Dirk J. Locascio 2022 Living Trust, all of which are deemed beneficially owned by Mr. Locascio.
Key Figures
Open-market sale: 20,000 shares at $91.19
Gifted shares: 85,464 shares
Transfer to Debra Locascio 2022 Living Trust: 42,732 shares; 62,732 shares held after
+2 more
5 metrics
Open-market sale
20,000 shares at $91.19
Common Stock sale on March 30, 2026
Gifted shares
85,464 shares
Bona fide gift of Common Stock
Transfer to Debra Locascio 2022 Living Trust
42,732 shares; 62,732 shares held after
Trust restructuring transaction
Transfer to Dirk J. Locascio 2022 Living Trust
42,732 shares; 122,017 shares held after
Trust restructuring transaction
Direct holdings after transactions
20,798 shares
Common Stock directly owned post-transaction
Key Terms
Rule 10b5-1 trading plan, bona fide gift, beneficially owned, indirect ownership, +1 more
5 terms
Rule 10b5-1 trading plan financial
"Effected pursuant to a Rule 10b5-1 trading plan adopted on November 25, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
bona fide gift financial
"transaction_code_description: "Bona fide gift""
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.
indirect ownership financial
"ownership_type: "indirect" with nature_of_ownership "Trust DL" and "Trust DJL""
living trust financial
"The Debra Locascio 2022 Living Trust and The Dirk J. Locascio 2022 Living Trust."
FAQ
What insider transactions did US Foods (USFD) CFO Dirk Locascio report?
Dirk J. Locascio reported several common stock transactions, including selling 20,000 shares at $91.19, making a bona fide gift of 85,464 shares, and transferring 42,732 shares to each of two 2022 living trusts.