Form 4: Chefs' Warehouse Director Steven F. Goldstone Receives Stock Grant
SEC Form 4
Director Steven F. Goldstone reports acquisition of 2,184 shares of Chefs' Warehouse, Inc. through a restricted stock unit grant.
Summary
- Steven F. Goldstone, a director of Chefs' Warehouse, Inc., reported the acquisition of 2,184 shares of common stock on May 9, 2025.
- The acquisition was through a grant of time-vested restricted stock units (RSUs) under the company's Amended and Restated 2019 Omnibus Equity Incentive Plan.
- Each RSU is convertible into one share of common stock.
- The RSUs will generally vest at the earlier of the company's 2026 annual stockholders' meeting or one year from the grant date.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns director interests with shareholders.
Positives
- The grant of RSUs to a director aligns their interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the director.
Future Outlook
The director's holdings will increase upon vesting of the RSUs, aligning their interests with shareholders.
Industry Context
Stock grants to directors are a common practice to incentivize and retain key personnel in the food distribution industry.
Stakeholder Impact
- Shareholders may view the stock grant positively as it aligns the director's interests with the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of transaction: Steven F. Goldstone acquired 2,184 shares of common stock through restricted stock units. |
| 05/12/2025 | Date of report: Filing date of the Form 4. |
Keywords
Chefs' Warehouse, Director, Stock Grant, RSU, Steven F. Goldstone, Beneficial Ownership, Equity Incentive Plan
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