Form 4: UNFI Director Granted 5,307 Restricted Stock Units

United Natural Foods Director Daphne J. Dufresne was granted 5,307 restricted stock units, vesting in December 2026.

Summary

• Director Daphne J. Dufresne of United Natural Foods, Inc. (UNFI) was granted 5,307 restricted stock units (RSUs).
• The RSUs were granted on December 18, 2025, and are scheduled to fully vest on December 18, 2026.
• Each RSU represents the right to receive one share of UNFI common stock upon vesting.
• Following this transaction, Ms. Dufresne beneficially owns 74,406 shares of common stock directly.
• The award was made pursuant to the company's Fifth Amended and Restated Equity Incentive Plan.

Sentiment

Score: 5

Explanation: This is a routine disclosure of an insider transaction (RSU grant) and does not inherently carry strong positive or negative sentiment. It's a neutral event in the context of ongoing operations.

Positives

• The grant of restricted stock units aligns the director's interests with long-term shareholder value.
• The award is part of the company's established equity incentive plan, indicating standard compensation practices.

Future Outlook

The restricted stock units are scheduled to fully vest on December 18, 2026, indicating a future equity distribution to the director.

Management Comments

• This restricted stock unit ("RSU") award was granted pursuant to the Fifth Amended and Restated Equity Incentive Plan and will fully vest on December 18, 2026. Each RSU represents the right to receive one share of common stock upon vesting in accordance with the terms of the reporting person's RSU agreement.

Industry Context

This RSU grant is a standard form of executive and director compensation in publicly traded companies, aiming to align management and director incentives with long-term company performance and shareholder interests within the food distribution industry.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) for director compensation is a common practice across various industries, including the food distribution sector, aligning with compensation strategies seen in companies like Sysco (SYY) or Performance Food Group (PFGC).
• The vesting schedule, with a full vest one year after the grant date, is typical for director equity awards, promoting retention and long-term commitment.

Corporate Governance

Stakeholder Impact

• Shareholders: The RSU grant is a form of non-cash compensation that aligns the director's interests with long-term shareholder value. It represents a minor dilution upon vesting but is a standard part of director compensation.

Next Steps

• The 5,307 restricted stock units will fully vest on December 18, 2026.
• Upon vesting, Daphne J. Dufresne will receive 5,307 shares of UNFI common stock.

Key Dates

Keywords

United Natural Foods, UNFI, Daphne J Dufresne, Restricted Stock Units, RSU, Insider Transaction, Form 4, Equity Incentive Plan, Director Compensation