Form 4: US Foods Executive John Tonnison Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
John Tonnison, EVP, Chief Information and Digital Officer of US Foods Holding Corp., disposed of 1,629 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On March 27, 2025, John Tonnison, an executive at US Foods Holding Corp., disposed of 1,629 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 $65.28 per share.
- Following the transaction, Tonnison directly owns 123,476 shares of US Foods Holding Corp.
- Tonnison 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: 6
Explanation: The document describes a routine transaction (disposal of shares for tax obligations) and grants power of attorney, which are neutral events. Therefore, the sentiment is moderately neutral.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies. This transaction appears to be a routine disposal of shares to cover tax obligations, which is a typical practice among executives who receive stock-based compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a relatively small number of shares being disposed of by a single executive.
Key Dates
| Date | Description |
|---|---|
| 2023-11-08 | Date of execution of the Power of Attorney. |
| 2025-03-27 | Date of the transaction involving the disposal of shares. |
| 2025-03-31 | Date of signature of the Form 4 filing. |
Keywords
US Foods Holding Corp., John Tonnison, SEC Form 4, Share Disposal, Tax Obligations, Restricted Stock Units, Power of Attorney, Martha Ha, Brett R. Schroeder
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