US Foods exec records equity grant and tax withholding
US Foods Holding Corp. executive James David Works Jr. received 25,011 shares of common stock upon vesting and settlement of performance stock units granted on March 27, 2023, tied to performance over fiscal years 2023–2025.
Rhea-AI Filing Summary
US Foods Holding Corp. executive James David Works Jr. received 25,011 shares of common stock upon vesting and settlement of performance stock units granted on March 27, 2023, tied to performance over fiscal years 2023–2025. To cover related tax obligations, 13,088 shares were withheld through two share dispositions. After these compensation-related transactions, he directly holds 106,738 shares of US Foods common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,011 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,865 | $90.86 | $987K |
| Exercise Price or Tax Liability | Common Stock | 2,223 | $90.86 | $202K |
Footnotes (3)
- F1. 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).
- F2. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of performance stock units.
- F3. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of restricted stock units.
Key Figures
Key Terms
performance stock units financial
restricted stock units financial
tax obligations financial
vesting financial
grant, award, or other acquisition financial
FAQ
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What did the USFD insider James David Works Jr report in this Form 4?
Were the USFD insider transactions open-market buys or sales?
What equity awards vested for the USFD insider in this filing?
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