US Foods CEO reports tax-share withholding
US Foods Holding Corp. Chief Executive Officer David E. Flitman reported routine share dispositions related to tax withholding on vested equity awards.
Rhea-AI Filing Summary
US Foods Holding Corp. Chief Executive Officer David E. Flitman reported routine share dispositions related to tax withholding on vested equity awards. On March 24, 10,490 shares of common stock were withheld at $91.13 per share, and on March 25, 10,110 shares were withheld at $92.48 per share.
These Form 4 entries are coded “F,” meaning the shares were delivered to cover tax obligations tied to restricted stock unit vesting, not sold in open-market transactions. After these transactions, Flitman directly holds 423,150 shares of US Foods common stock.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,110 | $92.48 | $935K |
| Exercise Price or Tax Liability | Common Stock | 10,490 | $91.13 | $956K |
Footnotes (1)
- F1. Reflects withholding of shares to satisfy tax obligations in connection with the vesting of restricted stock units.
FAQ
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What insider transaction did US Foods (USFD) CEO David Flitman report?
Were David Flitman’s US Foods (USFD) transactions open-market sales?
What does transaction code "F" mean in the US Foods (USFD) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.