Form 4: United Natural Foods Executive Danielle Benedict Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Danielle Benedict, Chief Human Resources Officer at United Natural Foods, reports disposals of common stock to cover withholding taxes related to vesting restricted stock units.
Summary
- On October 12, 2024, Danielle Benedict, the Chief Human Resources Officer of United Natural Foods Inc. (UNFI), disposed of shares of common stock to cover withholding taxes.
- 729 shares were disposed of at a price of $20.63 per share related to restricted stock units.
- An additional 1,475 shares were disposed of at the same price ($20.63) related to performance-based restricted stock units.
- Following these transactions, Benedict directly owns 97,268 shares of UNFI common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes, which is a routine event.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to tax obligations and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 10/12/2024 | Date of stock disposal transactions. |
| 10/15/2024 | Date of signature for the report. |
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