Form 4: US Foods EVP Dirk J. Locascio Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Dirk J. Locascio, EVP and Chief Financial Officer of US Foods Holding Corp., disposed of 22,688 shares of common stock on March 28, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On March 28, 2025, Dirk J. Locascio, the EVP and Chief Financial Officer of US Foods Holding Corp., disposed of 22,688 shares of common stock.
- The transaction was executed at a price of $64.53 per share.
- The disposal was to satisfy tax obligations related to the vesting of restricted stock units.
- Following the transaction, Locascio directly owns 115,077 shares of US Foods Holding Corp.
Sentiment
Score: 6
Explanation: The document is a standard SEC filing related to an executive's share disposal for tax purposes. It doesn't inherently indicate positive or negative sentiment, but rather a routine financial transaction.
Industry Context
Executive share disposals are a common occurrence, often related to tax obligations or diversification strategies. It's important to consider the context of the transaction and whether it aligns with broader market trends or company performance.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a routine disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 2023-11-08 | Date of Power of Attorney execution. |
| 2025-03-28 | Date of the transaction where shares were disposed of. |
| 2025-04-01 | Date of signature for the Form 4 filing. |
Keywords
US Foods Holding Corp., Dirk J. Locascio, Form 4, Share Disposal, Tax Obligations, Restricted Stock Units, Beneficial Ownership, USFD
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