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 |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 950 | $41.37 | $39K |
| Tax Withholding | Common Stock | 1,923 | $41.37 | $80K |
Footnotes (1)
- Shares retained by the Company for the payment of withholding taxes in connection with the vesting of previously granted restricted stock units. Shares retained by the Company for the payment of withholding taxes in connection with the vesting of previously granted performance-based restricted stock units.