Form 4: US Foods Executive Acquires Shares Following Performance-Based Vesting

James David Works Jr., EVP, CHRO of US Foods Holding Corp., acquired 7,828 shares of common stock on February 24, 2025, following the vesting of performance-based restricted stock units.

Summary

• On February 24, 2025, James David Works Jr., EVP, CHRO of US Foods Holding Corp., acquired 7,828 shares of common stock.
• This acquisition resulted from the vesting of performance-based restricted stock units granted on March 28, 2022.
• The vesting was adjusted on February 24, 2025, to reflect the actual achievement of pre-established performance goals for the three-year period ended December 28, 2024.
• The restricted stock units will fully vest on March 28, 2025, contingent upon Works' continued employment with US Foods.
• Following the transaction, Works directly owns 112,310 shares of US Foods Holding Corp. common stock.
• Works has granted Martha Ha and Brett R. Schroeder power of attorney to handle SEC filings related to his transactions in US Foods securities.

Sentiment

Score: 7

Explanation: The document indicates positive performance as the vesting of shares is tied to the achievement of performance goals. The executive's increased stake in the company is also a positive sign.

Positives

• The vesting of performance-based restricted stock units suggests that US Foods Holding Corp. achieved certain pre-established performance goals.
• The executive's increased stake in the company aligns his interests with those of shareholders.

Future Outlook

The restricted stock units will fully vest on March 28, 2025, contingent upon Works' continued employment with US Foods.

Industry Context

Executive stock ownership is a common practice in publicly traded companies to align management's interests with those of shareholders. Vesting of performance-based equity indicates the company has met certain pre-defined goals.

Stakeholder Impact

• The vesting of performance-based equity can positively impact shareholders by aligning management's interests with company performance.
• Employees may be motivated by the achievement of performance goals that lead to executive compensation.

Next Steps

• The restricted stock units will vest on March 28, 2025, subject to the reporting person's continued employment with the Issuer through the vesting date.

Key Dates