Form 4: Director Steven Goldstone Receives Equity Grant at CHEF

Director Steven F. Goldstone was granted 1,652 restricted stock units in The Chefs' Warehouse, Inc. as part of the company's equity incentive plan.

Summary

• Director Steven F. Goldstone acquired 1,652 restricted stock units (RSUs) on May 8, 2026.
• The grant was issued under The Chefs' Warehouse, Inc. Amended and Restated 2019 Omnibus Equity Incentive Plan.
• Following this transaction, the director's total beneficial ownership of common stock increased to 37,015 shares.
• The RSUs are scheduled to vest on the earlier of the 2027 annual stockholders' meeting or the one-year anniversary of the grant date.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Standard equity incentive grant consistent with corporate governance practices.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock units are expected to vest in 2027, aligning the director's tenure with the company's upcoming annual meeting cycle.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are a standard mechanism in the food distribution and specialty retail sector to ensure long-term board commitment and alignment with shareholder value creation.

Comparison to Industry Standards

• The grant structure follows standard industry practices for equity-based compensation for board members.
• The vesting period of one year is consistent with typical corporate governance benchmarks for public companies.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders as the grant represents a standard component of director remuneration.

Next Steps

• Vesting of the 1,652 restricted stock units at the 2027 annual stockholders' meeting or the one-year anniversary of the grant.

Key Dates

Keywords

Chefs' Warehouse, CHEF, Form 4, Insider Trading, Equity Incentive Plan, Director Compensation