Form 4: Chefs' Warehouse CFO James Leddy Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
James Leddy, CFO of Chefs' Warehouse, disposed of 1,766 shares of common stock on March 4, 2025, to cover tax obligations related to vesting restricted stock.
Summary
- On March 4, 2025, James Leddy, the Chief Financial Officer of Chefs' Warehouse, Inc., disposed of 1,766 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 $62.03 per share.
- Following the transaction, Leddy directly owns 151,892 shares of Chefs' Warehouse, Inc.
- The transaction was reported on a Form 4 filed with the Securities and Exchange Commission (SEC).
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
This is a routine transaction for executives who receive stock as part of their compensation. It is common for them to sell a portion of their shares to cover the taxes associated with the vesting of restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of stock disposal transaction. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
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