Form 4: Chefs' Warehouse Chief Accounting Officer Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Tim McCauley, Chief Accounting Officer of Chefs' Warehouse, Inc., reports acquisition and disposal of common stock due to vesting of restricted stock and performance-based restricted stock.

Summary

  • On February 27, 2024, Tim McCauley, Chief Accounting Officer of Chefs' Warehouse, Inc., acquired 7,733 shares of common stock upon certification of performance conditions related to performance-based restricted stock.
  • Also on February 27, 2024, 4,968 shares were withheld at a price of $37.78 upon the vesting of performance-based restricted common stock.
  • On February 28, 2024, 530 shares were withheld at a price of $37.35 upon the vesting of restricted common stock.
  • Following these transactions, McCauley directly owns 57,853 shares of Chefs' Warehouse, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.

Key Dates

DateDescription
02/27/2024Acquisition of 7,733 shares of common stock and withholding of 4,968 shares upon vesting of performance-based restricted common stock.
02/28/2024Withholding of 530 shares upon vesting of restricted common stock.
02/29/2024Date of signature for the Form 4 filing.

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