UNFI officer share reduction via tax-withholding of 2,873 shares
Rhea-AI Filing Summary
United Natural Foods, Inc. (UNFI) reported insider changes for 10/06/2025 by reporting person Danielle Benedict, who is the company's Chief Human Resources Officer and an officer-level reporting person. The filing shows two non-derivative dispositions that together reduced her direct holdings by 2,873 shares at a reported price of $41.37 per share. After the reported transactions, she directly beneficially owned 95,098 shares and then 93,175 shares (reflecting the two line items shown).
The filing clarifies these were not open-market sales but shares retained by the company to satisfy withholding taxes upon vesting: 950 shares from restricted stock units and 1,923 shares from performance-based restricted stock units. The signature indicates the Form 4 was filed by a power-of-attorney on 10/08/2025.
Positive
- Transaction was tax withholding for vested RSUs and PSU awards, not an open-market sale
- Reporting person retains substantial direct ownership: 93,175 shares after transactions
Negative
- Total holdings decreased by 2,873 shares on 10/06/2025
- Disposition recorded at $41.37 per share, reducing immediate share count
Insights
TL;DR: Officer share reductions were withholding-based, not open-market sales.
The reported disposals on 10/06/2025 total 2,873 shares at $41.37, and are described as shares retained by the company to cover withholding taxes from vested restricted stock and performance-based restricted stock units. This indicates the change results from compensation settlement mechanics rather than a voluntary cash sale.
The primary dependency is the vesting schedule and tax withholding mechanics for equity awards; there is no disclosure of additional sales or changes to grant terms. Monitor upcoming filings for further vesting events or open-market transactions within the next reporting cycle.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 950 | $41.37 | $39K |
| Exercise Price or Tax Liability | Common Stock | 1,923 | $41.37 | $80K |
Footnotes (2)
- F1. Shares retained by the Company for the payment of withholding taxes in connection with the vesting of previously granted restricted stock units.
- F2. Shares retained by the Company for the payment of withholding taxes in connection with the vesting of previously granted performance-based restricted stock units.
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