Form 4: US Foods Executive James David Works Jr. Acquires Shares Following Performance-Based Vesting

EVP and CHRO of US Foods Holding Corp., James David Works Jr., acquired 21,567 shares of common stock on March 5, 2025, following the vesting of performance-based restricted stock units.

Summary

• On March 5, 2025, James David Works Jr., EVP and CHRO 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.
• The vesting was contingent upon the achievement of pre-established performance goals by US Foods Holding Corp. during the applicable performance period.
• Following the transaction, Works directly owns 133,877 shares of US Foods Holding Corp.
• The restricted stock units vested on March 29, 2025, subject to Works' continued employment with the Issuer through the vesting date.

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 executive's increased stake aligns interests with shareholders.

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

Industry Context

Executive compensation through stock grants and restricted stock units is a common practice in the food service distribution industry to align management's interests with shareholder value and incentivize performance.

Comparison to Industry Standards

• Sysco and Performance Food Group, as major competitors in the food distribution industry, also utilize stock-based compensation for their executives.
• The specific terms and performance metrics associated with these grants vary by company, but the underlying principle of aligning executive incentives with company performance remains consistent.
• Comparing the vesting schedules and performance goals of US Foods' restricted stock units to those of its peers would provide a more comprehensive assessment of its compensation practices.

Stakeholder Impact

• Shareholders may view the vesting of performance-based restricted stock units as a positive sign, indicating that the company is achieving its goals.
• Employees may be motivated by the company's performance and the executive's increased stake in the company.

Key Dates