UniFirst (UNF) retired EVP has shares withheld for RSU tax obligations
Rhea-AI Filing Summary
UniFirst Corporation reported an insider equity transaction by retired EVP of Operations David A. DiFillippo. On 01/05/2026, the company withheld 1,138 shares of UniFirst common stock at $197.92 per share to cover tax withholding obligations tied to the vesting of certain restricted stock units. This withholding is recorded as a disposition under transaction code F, which is used for tax-related share withholding rather than an open-market sale. After this transaction, DiFillippo directly beneficially owns 9,684 shares of UniFirst common stock.
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FAQ
What insider transaction did UniFirst (UNF) disclose in this Form 4?
The filing shows that David A. DiFillippo, retired EVP of Operations, had 1,138 shares of UniFirst common stock withheld to satisfy tax obligations related to vesting restricted stock units.
Was the UniFirst (UNF) insider transaction an open-market sale?
No. The transaction is coded "F", indicating that the 1,138 shares were withheld by UniFirst to cover tax withholding on restricted stock unit vesting, not sold in the open market.
What price per share was used for the UniFirst (UNF) tax withholding?
The shares withheld to cover taxes were valued at $197.92 per share, as reported in the Form 4.
How many UniFirst (UNF) shares does David A. DiFillippo own after this transaction?
Following the tax withholding transaction, David A. DiFillippo directly beneficially owns 9,684 shares of UniFirst common stock.
What role does the reporting person hold at UniFirst (UNF)?
The reporting person, David A. DiFillippo, is identified as a Retired EVP of Operations of UniFirst Corporation.
Why were UniFirst (UNF) shares withheld from David A. DiFillippo?
According to the footnote, the 1,138 shares of common stock were withheld by UniFirst to satisfy tax withholding obligations arising from the vesting of certain restricted stock units.