Form 4: US Foods Executive James David Works Jr. Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
James David Works Jr., EVP and Chief Human Resources Officer at US Foods Holding Corp., reports the withholding of 1,656 common stock shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 27, 2025, James David Works Jr., an executive at US Foods Holding Corp., had 1,656 shares of common stock withheld to satisfy tax obligations.
- The shares were withheld at a price of $65.28 per share.
- Following the transaction, Works directly owns 141,832 shares of US Foods Holding Corp. common stock.
- A Power of Attorney was granted to Martha Ha and Brett R. Schroeder on November 8, 2023, allowing them to act on behalf of David Works for SEC filings related to US Foods Holding Corp.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing related to insider transactions. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The sentiment is neutral to slightly positive due to the transparency it provides.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related withholding.
Key Dates
| Date | Description |
|---|---|
| 2023-11-08 | Power of Attorney granted to Martha Ha and Brett R. Schroeder. |
| 2025-03-27 | Withholding of 1,656 shares of common stock for tax obligations. |
| 2025-03-31 | Date of signature for the Form 4 filing. |
Keywords
US Foods Holding Corp., James David Works Jr., Form 4, SEC, Share Withholding, Tax Obligations, Power of Attorney, Martha Ha, Brett R. Schroeder, Insider Transaction, USFD
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