US Foods (NYSE: USFD) officer reports 65,737-share stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
US Foods Holding Corp. officer James David Works Jr. reported option exercises and stock sales in the company’s shares. He exercised employee stock options for 19,291 shares of common stock at a strike price of $33.56 per share, from options that were fully vested since a March 26, 2018 grant.
On the same date, he sold a total of 65,737 shares of common stock in open-market transactions at weighted average prices of about $96.52 and $96.53 per share, with individual trades occurring between roughly $95.99 and $96.85. After these transactions, he held 88,176 shares of US Foods common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 65,737 shares ($6,345,128)
Net Sell
4 txns
Insider
Works James David Jr
Role
See Remarks
Sold
65,737 shs ($6.35M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 19,291 | $0.00 | -- |
| Sale | Common Stock | 46,446 | $96.52 | $4.48M |
| Exercise | Common Stock | 19,291 | $33.56 | $647K |
| Sale | Common Stock | 19,291 | $96.53 | $1.86M |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Common Stock — 88,176 shares (Direct)
Footnotes (1)
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.02 to $96.85, inclusive. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price in the range, upon request, to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.99 to $96.85, inclusive. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate price in the range, upon request, to the Issuer, any security holder of the Issuer, or the Securities and Exchange Commission. These stock options were granted on March 26, 2018 and are fully vested.
FAQ
What did US Foods (USFD) insider James David Works Jr. do in this Form 4?
James David Works Jr., an officer of US Foods, exercised stock options for 19,291 shares and sold 65,737 common shares in open-market transactions. These trades left him with 88,176 US Foods shares held directly after the reported activity.
What stock options did the US Foods (USFD) officer exercise in this filing?
He exercised employee stock options covering 19,291 shares of US Foods common stock at a strike price of $33.56 per share. The filing notes these options were granted on March 26, 2018 and were fully vested before exercise.
Were the US Foods (USFD) insider sales made in single or multiple trades?
The reported US Foods share sales used weighted average prices, indicating multiple trades. The filing states transactions occurred across price ranges from about $95.99 to $96.85, and detailed trade-by-trade information is available upon request to the company or regulators.