Form 4: US Foods Executive John Tonnison Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
John Tonnison, EVP, Chief Information & Digital Officer of US Foods Holding Corp., disposed of 1,359 shares of common stock on March 27, 2024, to cover tax obligations.
Summary
- On March 27, 2024, John Tonnison, an executive at US Foods Holding Corp., disposed of 1,359 shares of common stock.
- The transaction was executed at a price of $54.5 per share.
- This disposal was related to covering tax obligations.
- Following the transaction, Tonnison directly owns 93,592 shares of US Foods Holding Corp.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine stock disposal for tax purposes.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive for tax purposes.
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 Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.