Planned UniFirst (UNF) insider sale: 1,464 shares at $237.54
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
UNIFIRST CORP executive David Martin Katz, Executive VP of Sales and Marketing, completed an open-market sale of 1,464 shares of Common Stock at $237.54 per share, executed under a pre-arranged trading plan intended to comply with Rule 10b5-1(c) adopted on November 14, 2025.
After this sale, he reports beneficial ownership of 6,461 shares, consisting of 1,230 shares of Common Stock and multiple blocks of restricted stock units that vest in annual installments through October 31, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,464 shares ($347,759)
Net Sell
1 txn
Insider
Katz David Martin
Role
Executive VP, Sales/Marketing
Sold
1,464 shs ($348K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,464 | $237.54 | $348K |
Holdings After Transaction:
Common Stock — 6,461 shares (Direct)
Footnotes (1)
- Represents shares sold pursuant to a trading plan intended to comply with Rule 10b5-1(c) and adopted on November 14, 2025. Consists of 299 restricted stock units that vest in one remaining annual installment on October 31, 2026, 709 restricted stock units that vest in two remaining equal annual installments on October 31, 2026 and October 31, 2027, 1,232 restricted stock units that vest in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028, 1,125 restricted stock units that vest in two equal annual installments on October 31, 2026 and October 31, 2027, 1,866 restricted stock units that vest in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028 and 1,230 shares of Common Stock owned by the reporting person.
FAQ
What insider transaction did UNIFIRST CORP (UNF) report for David Martin Katz?
UNIFIRST CORP reported that Executive VP of Sales/Marketing David Martin Katz sold 1,464 shares of Common Stock in an open-market transaction at $237.54 per share, executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 14, 2025.
Was the UNIFIRST CORP (UNF) insider sale by David Martin Katz under a 10b5-1 plan?
Yes. The 1,464-share sale by David Martin Katz was made under a trading plan intended to comply with Rule 10b5-1(c), which was adopted on November 14, 2025, indicating the trades were scheduled in advance rather than decided at the time of sale.
What restricted stock units does UNIFIRST CORP (UNF) insider David Martin Katz hold after the sale?
After the sale, Katz holds multiple restricted stock unit awards: 299 RSUs vesting on October 31, 2026; 709 and 1,125 RSUs vesting in two annual installments; and 1,232 and 1,866 RSUs vesting in three annual installments through October 31, 2028, plus 1,230 shares.
What is the role of David Martin Katz at UNIFIRST CORP (UNF) in this insider filing?
In this insider transaction, David Martin Katz is identified as an officer of UNIFIRST CORP, serving as Executive Vice President of Sales and Marketing. The Form 4 reports his direct ownership and the sale executed under a Rule 10b5-1 trading plan.