US Foods officer reports tax share withholding
US Foods Holding Corp. officer William Spencer Hancock reported routine tax-related share withholdings tied to vesting of restricted stock units.
Rhea-AI Filing Summary
US Foods Holding Corp. officer William Spencer Hancock reported routine tax-related share withholdings tied to vesting of restricted stock units. On March 25, he had 1,539 shares of common stock withheld at $92.48 per share, and on March 24, another 1,012 shares were withheld at $91.13 per share.
Both transactions are coded as tax-withholding dispositions rather than open-market sales. After these events, Hancock directly owned 110,784 shares of US Foods common stock, indicating he retains a substantial equity position despite the tax-related share reductions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,539 | $92.48 | $142K |
| Exercise Price or Tax Liability | Common Stock | 1,012 | $91.13 | $92K |
Footnotes (1)
- F1. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did USFD officer William Spencer Hancock report?
Does Hancock still hold a significant stake in US Foods (USFD) after these transactions?
Were the USFD transactions by Hancock open-market sales or tax withholdings?
What is the significance of Form 4 code “F” in the USFD Hancock filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.