Form 4: United Natural Foods Inc. Executive Mahrukh Hussain Reports Stock Transaction
SEC Form 4 Filing
Mahrukh Hussain, General Counsel and Corporate Secretary of United Natural Foods Inc., reports disposition of shares to cover withholding taxes upon vesting of restricted stock units.
Summary
- On October 6, 2024, Mahrukh Hussain, General Counsel and Corporate Secretary of United Natural Foods Inc. (UNFI), reported a transaction involving the disposition of 945 shares of common stock.
- The shares were disposed of to cover withholding taxes related to the vesting of restricted stock units.
- The transaction was executed at a price of $19.76 per share.
- Following the transaction, Hussain directly owns 37,635 shares of UNFI common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions for tax purposes, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates routine activity related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 10/06/2024 | Date of stock transaction (disposition of shares). |
| 10/08/2024 | Date of signature for the report. |
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