Form 4: UNFI HR Chief's Stock Activity: RSU Grant & Tax Sales

Danielle Benedict, Chief Human Resources Officer at United Natural Foods, reported the grant of restricted stock units and subsequent sales of shares to cover tax obligations.

Summary

• Danielle Benedict, Chief Human Resources Officer of United Natural Foods, Inc. (UNFI), reported changes in her beneficial ownership of common stock.
• On December 18, 2025, Benedict was granted 15,771 shares of common stock as a Restricted Stock Unit (RSU) award, with a transaction price of $0.
• This RSU award will vest in three equal annual installments, commencing on December 18, 2026.
• Following the RSU grant, Benedict's direct beneficial ownership increased to 108,946 shares.
• On December 19, 2025, Benedict disposed of 2,341 shares of common stock at a price of $33.59 per share.
• On December 21, 2025, Benedict disposed of an additional 3,328 shares of common stock at a price of $33.59 per share.
• These dispositions were made to cover withholding taxes related to the vesting of previously granted RSUs.
• After all reported transactions, Benedict's direct beneficial ownership stands at 103,277 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive. The grant of Restricted Stock Units is a positive sign of continued executive incentive and commitment, while the subsequent share sales for tax purposes are a neutral, routine event associated with equity compensation.

Positives

• The Chief Human Resources Officer received a grant of 15,771 Restricted Stock Units, aligning her interests with long-term shareholder value.

Negatives

• A total of 5,669 shares were disposed of to cover tax obligations, which is a standard practice for RSU vesting but reduces the executive's direct shareholding.

Future Outlook

The newly granted Restricted Stock Units will vest in three equal annual installments, with the first vesting occurring on December 18, 2026, indicating a future increase in the executive's vested shareholdings over time.

Industry Context

This filing represents a routine executive compensation event within the natural and organic food distribution industry, reflecting standard practices for incentivizing and retaining key management personnel through equity awards.

Stakeholder Impact

• Shareholders: The RSU grant aligns executive incentives with long-term company performance, potentially benefiting shareholders. The tax-related sales are routine and have minimal impact.
• Employees: Reflects standard executive compensation practices, which can influence broader compensation strategies within the company.

Next Steps

• The RSU award will begin vesting in three equal annual installments starting December 18, 2026.

Key Dates

Keywords

UNFI, United Natural Foods, Form 4, Insider Transaction, RSU Grant, Executive Compensation, Stock Award, Danielle Benedict, Tax Withholding