Form 4: United Natural Foods Inc. Executive Mahrukh Hussain Reports Stock Transaction
SEC Form 4 Filing
Mahrukh Hussain, General Counsel and Corp. Sec. of United Natural Foods Inc., reports disposition of 810 common stock shares to cover withholding taxes related to vesting restricted stock units on June 9, 2024.
Summary
- On June 9, 2024, Mahrukh Hussain, General Counsel and Corp. Sec. of United Natural Foods Inc. (UNFI), reported a transaction involving the disposition of 810 shares of common stock.
- The shares were disposed of to cover withholding taxes associated with the vesting of previously granted restricted stock units.
- The transaction was executed at a price of $14.71 per share.
- Following the transaction, Hussain directly owns 36,289 shares of UNFI common stock.
Sentiment
Score: 7
Explanation: The document reflects a neutral sentiment as it reports a routine stock transaction related to executive compensation. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine activity related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 06/09/2024 | Date of stock transaction where 810 shares were disposed of to cover withholding taxes. |
| 06/11/2024 | Date of signature by Jody L. Hyvarinen, Power-of-Attorney, in fact. |
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