Form 4: US Foods Executive William Hancock Reports Stock Transactions
SEC Form 4 Filing
William Spencer Hancock, EVP and Chief Supply Chain Officer at US Foods Holding Corp., reports acquisition and disposal of common stock related to restricted stock units.
Summary
- On March 24, 2025, William Spencer Hancock acquired 10,676 shares of US Foods Holding Corp. common stock at $0 per share due to the grant of restricted stock units.
- These restricted stock units vest in three equal installments starting March 24, 2026, with each unit representing one share of common stock.
- On March 25, 2025, Hancock disposed of 1,065 shares at $65.20 per share to cover tax obligations related to the vesting of restricted stock units.
- Following these transactions, Hancock directly owns 119,419 shares of US Foods Holding Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of insiders, which is important for maintaining market confidence.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- The transactions have a minimal impact on the overall market capitalization of US Foods Holding Corp.
Key Dates
| Date | Description |
|---|---|
| November 8, 2023 | Date of Power of Attorney execution. |
| March 24, 2025 | Grant date of restricted stock units and acquisition of 10,676 shares. |
| March 25, 2025 | Disposal of 1,065 shares to cover tax obligations. |
| March 24, 2026 | First vesting date of restricted stock units. |
| March 26, 2025 | Date of signature for the Form 4 filing. |
Keywords
US Foods Holding Corp., William Spencer Hancock, Form 4, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Insider Trading
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