US Foods (NYSE: USFD) director exercises options and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
US Foods Holding Corp. director David M. Tehle exercised stock options and had shares withheld for taxes, without any market sale. On May 19, 2026, he exercised options covering 2,436 shares of common stock at $23.50 per share, while 701 shares were withheld at prices around $81.80 to cover the exercise price and tax obligations. Following one of the reported transactions, he directly held 39,510 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,436 shares exercised/converted
Mixed
9 txns
Insider
TEHLE DAVID M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 406 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 406 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) | 1,624 | $0.00 | -- |
| Exercise | Common Stock | 406 | $23.50 | $10K |
| Tax Withholding | Common Stock | 117 | $81.87 | $10K |
| Exercise | Common Stock | 406 | $23.50 | $10K |
| Tax Withholding | Common Stock | 117 | $81.87 | $10K |
| Exercise | Common Stock | 1,624 | $23.50 | $38K |
| Tax Withholding | Common Stock | 467 | $81.74 | $38K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 406 shares (Direct, null);
Common Stock — 39,627 shares (Direct, null)
Footnotes (1)
- Reflects withholding of shares by the Issuer to satisfy the option exercise price in connection with the option exercise. Such withholding did not involve any market sales or other market transactions. Performance-based stock options awarded November 11, 2016. The performance-based stock options were earned and vested and became exercisable in four equal annual installments based on satisfaction of certain performance-based criteria for each of the fiscal years ending 2017, 2018, 2019 and 2020, contingent on the reporting person's continued service with the Issuer. Time-based stock options granted on November 11, 2016. The time-based stock options were vested and became exercisable in equal annual installments on each June 3, 2017, 2018, 2019 and 2020, contingent on the reporting person's continued service with the Issuer.
Key Figures
Options exercised: 2,436 shares
Shares withheld: 701 shares
Option exercise price: $23.50/share
+2 more
5 metrics
Options exercised
2,436 shares
Employee stock options exercised on May 19, 2026
Shares withheld
701 shares
Withheld to cover exercise price and taxes
Option exercise price
$23.50/share
Exercise price for employee stock options
Withholding prices
$81.74 and $81.87/share
Values used for tax and exercise-price withholding
Direct holdings after transaction
39,510 shares
Common shares directly owned after a May 19, 2026 entry
Key Terms
tax-withholding disposition, Exercise or conversion of derivative security, performance-based stock options, time-based stock options, +1 more
5 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for F-coded entries"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Exercise or conversion of derivative security financial
"transaction_code_description for M-coded transactions"
performance-based stock options financial
"Performance-based stock options awarded November 11, 2016."
time-based stock options financial
"Time-based stock options granted on November 11, 2016."
Employee Stock Option (right to buy) financial
"security_title for derivative transactions"
FAQ
What did USFD director David M. Tehle report in this Form 4?
David M. Tehle reported exercising stock options and related share withholding. He exercised options for 2,436 US Foods Holding Corp. common shares and had 701 shares withheld to cover the option exercise price and tax liabilities, with no open-market sales involved.
What is known about David M. Tehle’s US Foods (USFD) holdings after these transactions?
After one of the reported transactions, he directly held 39,510 US Foods common shares. This figure reflects his direct ownership immediately following a tax-withholding entry on May 19, 2026, and shows he retained a meaningful equity stake after exercising options.
What types of stock options were involved in the USFD director’s Form 4?
The filing references performance-based and time-based stock options granted on November 11, 2016. Performance-based awards vested over fiscal years 2017–2020 based on performance criteria, while time-based options vested in equal annual installments from June 2017 through June 2020.