Form 4: US Foods Grants Restricted Stock to Chief Legal Officer
Insider Transaction Report
US Foods Holding Corp. granted 27,935 shares of restricted common stock to EVP, Chief Legal Officer, and Corporate Secretary Timothy D. Johnson, vesting over two years.
Summary
- Timothy D. Johnson, EVP, Chief Legal Officer, and Corporate Secretary of US Foods Holding Corp., acquired 27,935 shares of common stock.
- The acquisition was a grant of restricted stock with a transaction price of $0 per share.
- The restricted stock vests annually in two equal installments, beginning on January 5, 2027.
- Following this transaction, Johnson beneficially owns 28,035 shares of common stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 7
Explanation: The grant of restricted stock to a key executive is a positive event for executive retention and alignment of interests with shareholders, reflecting standard compensation practices.
Positives
- Timothy D. Johnson received a grant of 27,935 shares of restricted common stock, representing a significant equity award.
- The grant aligns management's interests with shareholder value through equity ownership, incentivizing long-term performance.
Future Outlook
The restricted stock grant to Timothy D. Johnson is scheduled to vest in two equal annual installments, commencing on January 5, 2027, indicating a future commitment and retention mechanism for the executive.
Industry Context
This restricted stock grant is a standard practice in executive compensation across various industries, aiming to incentivize long-term performance and align executive interests with shareholder value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Policy Adherence | Transaction made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan designed to comply with insider trading regulations. | 01/05/2026 | Enhances transparency and reduces potential for insider trading concerns by establishing a pre-scheduled trading arrangement. |
Related Party Transactions
- Grant of 27,935 shares of restricted common stock to Timothy D. Johnson, an executive officer of US Foods Holding Corp., as part of his compensation package.
Stakeholder Impact
- Shareholders may benefit from increased alignment of executive interests with long-term company performance.
- Employees are not directly impacted by this specific executive grant.
Next Steps
- The restricted stock will vest in two equal annual installments, with the first installment occurring on January 5, 2027.
Key Dates
| Date | Description |
|---|---|
| 01/05/2026 | Date of transaction (restricted stock grant to Timothy D. Johnson) |
| 01/07/2026 | Date the Form 4 was signed and filed |
| 01/05/2027 | First vesting date for the restricted stock grant |
Keywords
US Foods, USFD, Timothy Johnson, Restricted Stock, Equity Grant, Form 4, Insider Transaction, Executive Compensation
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