US Foods (NYSE: USFD) CEO gifts 318,000 shares to family
Rhea-AI Filing Summary
US Foods Holding Corp. insider David E. Flitman, Chair of the Board and Chief Executive Officer, reported family-related gift transfers of 318,000 shares of common stock on August 14, 2026. This included 29,000 shares gifted from his direct holdings to a spousal lifetime access trust (SLAT) for his spouse’s benefit and 130,000 shares gifted from his direct holdings to his spouse.
Following these gifts, the SLAT is shown as holding 29,000 shares and his spouse as holding 130,000 shares as indirect positions. Flitman disclaims beneficial ownership of the shares held by the SLAT, stating the report should not be deemed an admission of beneficial ownership for Section 16 or any other purpose.
Positive
- None.
Negative
- None.
Insider Trade Summary
318,000 shares gifted
Gift
4 txns
Insider
Flitman David E
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 29,000 | $0.00 | $0.00 |
| Gift | Common Stock F1, F2 | 29,000 | $0.00 | $0.00 |
| Gift | Common Stock F3 | 130,000 | $0.00 | $0.00 |
| Gift | Common Stock F3 | 130,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 29,000 shares (Indirect, By SLAT);
Common Stock — 338,587 shares (Direct);
Common Stock — 130,000 shares (Indirect, by spouse)
Footnotes (3)
- F1. This transaction involved the reporting person's gift of 29,000 shares of US Foods Holding Corp. common stock to a spousal lifetime access trust for the benefit of the reporting person's spouse.
- F2. The Reporting Peron's spouse is the beneficiary of the SLAT. The reporting person disclaims beneficial ownership of the securities held by the SLAT, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F3. This transaction involved the reporting person's gift of 130,000 shares of US Foods Holding Corp. common stock to his spouse.
Key Figures
Total gifted shares: 318,000 shares
Gift to SLAT: 29,000 shares
Gift to spouse: 130,000 shares
+3 more
6 metrics
Total gifted shares
318,000 shares
Aggregate bona fide gifts of common stock reported on August 14, 2026
Gift to SLAT
29,000 shares
Common stock gifted to a spousal lifetime access trust for spouse’s benefit
Gift to spouse
130,000 shares
Common stock gifted directly to the reporting person’s spouse
Indirect holdings by SLAT
29,000 shares
Shares shown as indirectly held by SLAT after the gift transaction
Indirect holdings by spouse
130,000 shares
Shares shown as indirectly held by spouse after the gift transaction
Gift transaction price
$0.00 per share
Reported price per share for all bona fide gift transactions
Key Terms
spousal lifetime access trust, beneficial ownership, Section 16, bona fide gift
4 terms
spousal lifetime access trust financial
"gift of 29,000 shares of common stock to a spousal lifetime access trust"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of the securities held by the SLAT"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
bona fide gift financial
"transaction code description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
FAQ
What insider transactions did USFD CEO David E. Flitman report on August 14, 2026?
David E. Flitman reported family-related gifts totaling 318,000 shares of US Foods Holding Corp. common stock on August 14, 2026. These were bona fide gifts transferring shares from his direct holdings to a spousal trust and to his spouse, at a reported price of $0.00 per share.
Were the recent USFD insider transactions executed under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as being under such a plan. The reported transactions are characterized as bona fide gifts of shares to a spousal lifetime access trust and to the reporting person’s spouse, rather than market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
