Form 4: US Foods Executive James David Works Jr. Reports Stock Disposal
SEC Form 4 Filing
James David Works Jr., EVP, CHRO of US Foods Holding Corp., reported the disposal of 1,481 shares of common stock to cover tax obligations.
Summary
- On March 27, 2024, James David Works Jr., an Executive Vice President and CHRO at US Foods Holding Corp., disposed of 1,481 shares of common stock.
- The transaction was executed at a price of $54.5 per share.
- Following the transaction, Works directly owns 114,241 shares of US Foods Holding Corp.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This allows investors to track insider sentiment and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 2023-11-08 | Date of Power of Attorney execution. |
| 2024-03-27 | Date of stock disposal transaction. |
| 2024-03-29 | Date of signature on the report. |
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