Form 4: US Foods EVP David L. Poe Jr. Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
David L. Poe Jr., EVP and Chief Merchant of US Foods Holding Corp., disposed of 1,651 shares of common stock on March 28, 2024, to cover tax obligations.
Summary
- On March 28, 2024, David L. Poe Jr., an Executive Vice President and Chief Merchant at US Foods Holding Corp., disposed of 1,651 shares of common stock.
- The transaction was executed at a price of $53.97 per share.
- This disposal was likely to cover tax obligations related to vesting of stock awards.
- Following the transaction, Poe directly owns 19,860 shares of US Foods Holding Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider transaction. It doesn't convey any particularly positive or negative sentiment about the company's performance or future prospects.
Industry Context
Form 4 filings are standard practice for corporate insiders and provide transparency into their transactions in company stock. This transaction is a routine disposal of shares to cover tax obligations and is not necessarily indicative of a change in Poe's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of stock disposal transaction |
| 04/01/2024 | Date of signature for the report |
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