Form 4: Chefs' Warehouse CFO James Leddy Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Chief Financial Officer of Chefs' Warehouse, James Leddy, disposed of 1,700 shares of common stock on February 28, 2025, to cover tax obligations related to the vesting of restricted stock.
Summary
- On February 28, 2025, James Leddy, the Chief Financial Officer of Chefs' Warehouse, Inc., disposed of 1,700 shares of common stock.
- The transaction was executed to cover tax obligations arising from the vesting of restricted common stock.
- The shares were disposed of at a price of $62.58 per share.
- Following the transaction, Leddy directly owns 153,658 shares of Chefs' Warehouse, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine disposal of shares to cover tax obligations, which is a common practice.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: Disposal of 1,700 shares of common stock. |
| 03/04/2025 | Date of signature for the report. |
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