Form 4: US Foods Executive James David Works Jr. Disposes of Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


James David Works Jr., EVP and Chief Human Resources Officer at US Foods Holding Corp., disposed of 20,717 shares of common stock on March 28, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

  • On March 28, 2025, James David Works Jr., an executive at US Foods Holding Corp., disposed of 20,717 shares of common stock.
  • The transaction was executed to satisfy tax obligations associated with the vesting of restricted stock units.
  • The shares were sold at a price of $64.53 per share.
  • Following the transaction, Works directly owns 134,622 shares of US Foods Holding Corp. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, reflecting an insider transaction related to tax obligations. Such filings are common and provide transparency into the trading activities of company executives.

Comparison to Industry Standards

  • Form 4 filings are standard practice for corporate insiders in the US, as mandated by the Securities and Exchange Commission (SEC).
  • Companies like Sysco (SYY) and Performance Food Group (PFGC), which are competitors of US Foods, also have similar insider transaction filings when their executives trade company stock.
  • The disposal of shares to cover tax obligations related to vesting restricted stock units is a common practice among executives in publicly traded companies.

Key Dates

DateDescription
2023/11/08Date of execution of Power of Attorney.
2025/03/28Date of transaction: Disposal of shares to cover tax obligations.
2025/04/01Date of signature for the Form 4 filing.

Keywords

US Foods Holding Corp., James David Works Jr., Form 4, Section 16(a), insider trading, stock disposal, tax obligations, restricted stock units, USFD

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