UNFI CHRO completes PSU settlement while executing 10b5-1 sales

Rhea-AI Filing Summary

United Natural Foods, Inc. insider transaction summary

Danielle Benedict, Chief Human Resources Officer, reported multiple transactions in UNFI common stock. On 09/30/2025 she sold 6,250 shares at $33.84 and 5,405 shares at $37, reducing her direct holdings to 89,544 shares. She also received 6,504 performance share units that were settled one-for-one into shares at no cost, increasing her direct holdings to 96,048 shares after the settlement. The reported sales were effected under a Rule 10b5-1 trading plan adopted December 19, 2024. The filing includes a Power of Attorney signature for the reporting person.

Positive

• 6,504 PSUs converted one-for-one into shares at $0, increasing direct ownership to 96,048 shares
• Sales were effected under a Rule 10b5-1 trading plan, indicating preplanned, compliant disposition

Negative

• Reported sales of 11,655 shares reduced direct holdings (sales at $33.84 and $37.00) prior to PSU settlement

Insights

Securities Analyst

TL;DR Insider sold shares under a 10b5-1 plan while PSUs vested and were settled into stock, leaving net holdings modestly higher.

The reporting shows routine compensation settlement and preplanned selling activity. The 6,504 PSUs were converted one-for-one into shares with $0 purchase price, which increased direct beneficial ownership to 96,048 shares. Concurrently, the officer executed two sales totaling 11,655 shares under a Rule 10b5-1 plan, reducing holdings to 89,544 shares before the PSU settlement. These transactions are consistent with compensation realization and prearranged liquidity rather than opportunistic trading.

Corporate Governance Expert

TL;DR Transactions reflect standard executive compensation settlement and orderly disposition via an established 10b5-1 plan.

The disclosure identifies that sales were made pursuant to a 10b5-1 trading plan, which supports defensible, rule-compliant sales by an officer. The settlement of performance share units indicates the Compensation Committee certified performance under the October 6, 2022 award, leading to issuance of 6,504 shares without purchase price. The presence of a Power of Attorney signature is an administrative detail customary in such filings.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Benedict Danielle

(Last) (First) (Middle)

C/O UNITED NATURAL FOODS, INC.

15 PARK ROW WEST, SUITE 302

(Street)

PROVIDENCE RI 02903

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
UNITED NATURAL FOODS INC [ UNFI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Human Resources Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/30/2025		S(1)		6,250	D	$33.84	94,949	D
Common Stock	09/30/2025		S(1)		5,405	D	$37	89,544	D
Common Stock	09/30/2025		A		6,504(2)	A	$0(3)	96,048	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported in this row were effected pursuant to a Rule 10b5-1 trading plan adopted on December 19, 2024.

2. Reflects the number of performance share units ("PSUs") earned after the Compensation Committee's certification to the achievement of performance under the terms of a PSU award granted on October 6, 2022.

3. PSUs are settled in shares of common stock on a one-for-one basis. Accordingly, there was no purchase price paid by the reporting person.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Jody L. Hyvarinen, Power-of-Attorney, in fact	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did UNFI insider Danielle Benedict report?

The report shows sales of 6,250 shares at $33.84 and 5,405 shares at $37.00, plus receipt of 6,504 PSUs settled into shares.

Were the sales by the UNFI officer part of a trading plan?

Yes, the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on December 19, 2024.

How many UNFI shares does the reporting person beneficially own after these transactions?

Following the reported transactions and settlement, direct beneficial ownership is reported as 96,048 shares.

What are the PSUs reported in the Form 4 for UNFI?

The 6,504 performance share units reflect PSUs earned after the Compensation Committee certified performance for an award granted on October 6, 2022; they were settled one-for-one into common stock with no purchase price.

Who signed the Form 4 for Danielle Benedict?

The Form includes a Power of Attorney signature by Jody L. Hyvarinen on behalf of the reporting person.