US Foods officer sells 65,737 company shares
US Foods Holding Corp. officer James David Works Jr. reported option exercises and stock sales in the company’s shares.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 19,291 | $0.00 | $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 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. These stock options were granted on March 26, 2018 and are fully vested.
FAQ
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What did US Foods (USFD) insider James David Works Jr. do in this Form 4?
What stock options did the US Foods (USFD) officer exercise in this filing?
Were the US Foods (USFD) insider sales made in single or multiple trades?
AI-generated analysis. How Rhea-AI works. Not financial advice.