US Foods (NYSE: USFD) CFO granted shares; 32,508 withheld for tax
Rhea-AI Filing Summary
US Foods Holding Corp. EVP and CFO Dirk J. Locascio reported equity compensation and related tax withholding in company stock. He acquired 45,475 shares of common stock on March 27, 2026 upon vesting and settlement of performance stock units granted on March 27, 2023, tied to performance over fiscal years 2023–2025. To cover tax obligations from vesting of performance and restricted stock units, a total of 32,508 shares were withheld at $90.86 per share. After these entries, he holds 126,262 shares directly and is also deemed to beneficially own 20,000 shares in The Debra Locascio 2022 Living Trust and 79,285 shares in The Dirk J. Locascio 2022 Living Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 45,475 | $0.00 | -- |
| Tax Withholding | Common Stock | 20,146 | $90.86 | $1.83M |
| Tax Withholding | Common Stock | 8,241 | $90.86 | $749K |
| Tax Withholding | Common Stock | 4,121 | $90.86 | $374K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares acquired upon vesting and settlement of performance stock units granted on March 27, 2023, with the number of shares earned based on achievement against certain performance metrics following the end of a three-year performance period (fiscal years 2023-2025). Reflects withholding of shares to satisfy tax obligations in connection with the vesting of performance stock units. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of restricted stock units. Represents shares held by The Debra Locascio 2022 Living Trust, all of which are deemed beneficially owned by Mr. Locascio. Represents shares held by The Dirk J. Locascio 2022 Living Trust, all of which are deemed beneficially owned by Mr. Locascio.
Key Figures
Key Terms
performance stock units financial
restricted stock units financial
tax obligations financial
beneficially owned financial
Living Trust financial
FAQ
What did USFD CFO Dirk Locascio report in this Form 4?
What are performance stock units mentioned for US Foods (USFD) CFO?
What do the tax-withholding transactions mean in the USFD Form 4?