Chefs' Warehouse (CHEF) CFO has shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chefs' Warehouse, Inc. Chief Financial Officer James Leddy reported a tax-related share disposition tied to equity compensation. On the vesting of restricted common stock under the company’s 2019 Omnibus Equity Incentive Plan, 1,754 common shares were withheld at $71.39 per share to cover tax obligations. After this withholding, Leddy directly holds 135,057 shares of Chefs' Warehouse common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Leddy James
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,754 | $71.39 | $125K |
Holdings After Transaction:
Common Stock — 135,057 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Chefs' Warehouse (CHEF) report for James Leddy?
Chefs' Warehouse reported that CFO James Leddy had 1,754 common shares withheld on February 28, 2026. These shares were retained by the company to satisfy tax obligations arising from the vesting of restricted stock awarded under its 2019 Omnibus Equity Incentive Plan.
Was the Chefs' Warehouse CFO’s Form 4 transaction an open-market stock sale?
No, the transaction was not an open-market sale. The 1,754 common shares were withheld by the company to cover tax liabilities upon vesting of restricted stock granted to CFO James Leddy under the Chefs' Warehouse 2019 Omnibus Equity Incentive Plan.
Which equity plan governed the Chefs' Warehouse CFO’s restricted stock vesting?
The restricted stock vesting and related share withholding for CFO James Leddy occurred under The Chefs' Warehouse, Inc. Amended and Restated 2019 Omnibus Equity Incentive Plan. This plan provides for equity awards, including restricted common stock, granted as part of executive compensation.