Form 4: US Foods Executive William Hancock Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
William Spencer Hancock, EVP and Chief Supply Chain Officer at US Foods Holding Corp., sold shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 28, 2025, William Spencer Hancock disposed of 20,717 shares of US Foods Holding Corp. common stock at a price of $64.53 per share to cover tax obligations.
- Following this transaction, Hancock directly owns 110,466 shares of common stock.
- On March 31, 2025, William Spencer Hancock disposed of 6,689 shares of US Foods Holding Corp. common stock at a price of $65.46 per share to cover tax obligations.
- Following this transaction, Hancock directly owns 103,777 shares of common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing relates to routine tax-related share disposals by an executive. It doesn't indicate any fundamental change in the company's prospects.
Industry Context
Executive share disposals for tax obligations are a common occurrence and generally don't indicate a negative outlook for the company.
Stakeholder Impact
- The share disposals may have a minor, temporary impact on the stock price, but are unlikely to significantly affect long-term shareholders.
Key Dates
| Date | Description |
|---|---|
| November 8, 2023 | Power of Attorney executed, granting authority to Martha Ha and Brett R. Schroeder to act on behalf of Bill Hancock for SEC filings. |
| 03/28/2025 | William Spencer Hancock disposed of 20,717 shares of US Foods Holding Corp. common stock at a price of $64.53 per share to cover tax obligations. |
| 03/31/2025 | William Spencer Hancock disposed of 6,689 shares of US Foods Holding Corp. common stock at a price of $65.46 per share to cover tax obligations. |
| 04/01/2025 | Date of signature for the Form 4 filing. |
Keywords
US Foods Holding Corp., William Spencer Hancock, Form 4, Share Disposal, Tax Obligations, Executive, USFD, Securities
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.