Form 4: US Foods EVP William Hancock Acquires Shares Following Performance-Based Vesting

William Spencer Hancock, EVP and Chief Supply Chain Officer at US Foods Holding Corp., acquired 21,567 shares of common stock following the vesting of performance-based restricted stock units.

Summary

• On March 5, 2025, William Spencer Hancock, EVP and Chief Supply Chain Officer of US Foods Holding Corp., acquired 21,567 shares of common stock.
• This acquisition resulted from the vesting of performance-based restricted stock units granted on March 29, 2021, which were adjusted to reflect the company's achievement of pre-established performance goals.
• Following the transaction, Hancock directly owns 109,808 shares of US Foods Holding Corp.
• The reported transaction also includes 113 shares acquired through the company's Employee Stock Purchase Plan that were not previously reported.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The vesting of performance-based restricted stock units suggests the company met its performance goals, which is a positive indicator. The filing itself is a routine disclosure.

Positives

• The vesting of performance-based restricted stock units suggests that US Foods Holding Corp. achieved certain pre-established performance goals.

Future Outlook

The restricted stock units will vest on March 29, 2025, subject to the reporting person's continued employment with the Issuer through the vesting date.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the alignment of executive incentives with company performance.

Comparison to Industry Standards

• Executive compensation packages including performance-based restricted stock units are a common practice among publicly traded companies, including competitors like Sysco and Performance Food Group.
• The vesting of these units based on pre-established performance goals aligns with industry standards for incentivizing executives to achieve specific financial or operational targets.
• The Employee Stock Purchase Plan is a common benefit offered by many companies, including US Foods, to allow employees to purchase company stock at a discounted rate.

Stakeholder Impact

• The vesting of performance-based restricted stock units aligns executive compensation with company performance, which can be viewed positively by shareholders.
• The Employee Stock Purchase Plan provides an opportunity for employees to invest in the company's stock.

Key Dates