Form 4: US Foods Holding Corp. Executive Dirk J. Locascio Reports Stock Transactions
SEC Form 4 Filing
Dirk J. Locascio, EVP and CFO of US Foods Holding Corp., reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 27, 2025, Dirk J. Locascio, EVP and Chief Financial Officer of US Foods Holding Corp., reported the disposition of 8,241 shares of common stock at a price of $65.28.
- An additional 4,121 shares were disposed of at the same price.
- These transactions were related to the withholding of shares to satisfy tax obligations associated with the vesting of restricted stock units.
- Following these transactions, Locascio directly owns 124,258 shares of US Foods Holding Corp.
- Locascio has granted Martha Ha and Brett R. Schroeder power of attorney to handle SEC filings related to his stock transactions.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 2023-11-08 | Date of execution of the Power of Attorney. |
| 2025-03-27 | Date of stock transactions (disposal of shares for tax obligations). |
| 2025-03-31 | Date of signature for the Form 4 filing. |
Keywords
Form 4, US Foods Holding Corp., USFD, Dirk J. Locascio, Stock Transaction, Beneficial Ownership, SEC Filing, Restricted Stock Units, Tax Obligations, Power of Attorney
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