Form 4: Chefs' Warehouse Vice Chairman John Pappas Reports Stock Transaction
SEC Form 4 Filing
John Pappas, Vice Chairman and COO of Chefs' Warehouse, Inc., reports a transaction involving common stock due to shares withheld upon vesting of restricted stock.
Summary
- On March 4, 2025, John Pappas, Vice Chairman and COO of Chefs' Warehouse, Inc., reported a transaction involving the company's common stock.
- 2,663 shares were disposed of to cover taxes upon the vesting of restricted common stock under the company's 2019 Omnibus Equity Incentive Plan at a price of $62.03.
- Following the transaction, Pappas directly owns 854,930 shares of common stock.
- Pappas also indirectly owns 400,000 shares through a single member LLC, where he is the sole member of a grantor retained annuity trust, serving as both trustee and beneficiary.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, which is neutral in sentiment.
Industry Context
This is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/04/2025 | Date of stock transaction |
| 03/06/2025 | Date of signature on the Form 4 filing |
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