Form 4: US Foods Executive Randy J. Taylor Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Randy J. Taylor, an executive at US Foods Holding Corp., disposed of 862 shares of common stock on June 5, 2024, to cover tax obligations related to equity compensation.
Summary
- On June 7, 2024, a Form 4 filing with the SEC revealed that Randy J. Taylor, EVP, Field Operations and Local Sales at US Foods Holding Corp., disposed of 862 shares of common stock.
- The transaction occurred on June 5, 2024.
- The shares were disposed of at a price of $53.18 per share.
- This disposal was to cover tax obligations.
- Following the transaction, Taylor directly owns 51,422 shares of US Foods Holding Corp. common stock.
- The filing also includes a Power of Attorney document, effective November 8, 2023, authorizing Martha Ha and Brett R. Schroeder to act on Taylor's behalf for SEC filings related to US Foods Holding Corp.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an executive's stock transaction for tax purposes. It doesn't convey any strong positive or negative sentiment about the company's prospects.
Industry Context
Executive stock transactions are common and often related to compensation and tax planning. This transaction is not necessarily indicative of the company's performance or outlook.
Key Dates
| Date | Description |
|---|---|
| 2023-11-08 | Date of Power of Attorney execution. |
| 2024-06-05 | Date of stock disposal transaction. |
| 2024-06-07 | Date of Form 4 filing. |
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