Form 4: Chefs' Warehouse CFO Leddy's Routine Share Withholding

Chefs' Warehouse CFO James Leddy reported a routine disposition of 1,822 common shares for tax withholding purposes following restricted stock vesting.

Summary

• James Leddy, Chief Financial Officer of Chefs' Warehouse, Inc. (CHEF), disposed of 1,822 shares of common stock.
• The disposition occurred on March 4, 2026, at a price of $62.52 per share.
• This transaction was a mandatory withholding of shares to cover tax obligations upon the vesting of restricted common stock.
• The shares were awarded under The Chefs' Warehouse, Inc. Amended and Restated 2019 Omnibus Equity Incentive Plan.
• Following this transaction, Mr. Leddy beneficially owns 133,235 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard administrative transaction related to executive compensation rather than a discretionary sale or purchase.

Industry Context

StockSavvy.ai notes that routine insider transactions like tax-related share withholdings are common across all industries, particularly for executives receiving equity compensation. This specific filing does not provide broader industry insights.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes and represents a small fraction of the company's outstanding shares.

Key Dates

Keywords

Chefs' Warehouse, CHEF, James Leddy, CFO, Form 4, Insider Transaction, Restricted Stock, Tax Withholding, Equity Incentive Plan