Form 4: Chefs' Warehouse CFO James Leddy Reports Stock Transactions
SEC Form 4 Filing
James Leddy, CFO of Chefs' Warehouse, reports acquisition and disposal of common stock related to vesting of performance-based restricted stock.
Summary
- On February 27, 2024, James Leddy, the CFO of Chefs' Warehouse, acquired 16,415 shares of common stock upon certification of performance conditions related to performance-based restricted common stock awarded under the company's 2019 Omnibus Equity Incentive Plan.
- Also on February 27, 2024, 13,444 shares were withheld at a price of $37.78 per share to cover obligations related to the vesting of performance-based restricted common stock.
- On February 28, 2024, an additional 1,677 shares were withheld at a price of $37.35 per share upon the vesting of restricted common stock.
- Following these transactions, Leddy directly owns 135,043 shares of Chefs' Warehouse common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Positives
- The acquisition of shares indicates that performance conditions related to Leddy's performance-based restricted stock were met.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, and such filings are common in the industry.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Acquisition of 16,415 shares and withholding of 13,444 shares. |
| 02/28/2024 | Withholding of 1,677 shares. |
| 02/29/2024 | Date of signature for the Form 4 filing. |
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