Form 4: US Foods Holding Corp. Executive John Tonnison Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
John Tonnison, EVP, Chief Information and Digital Officer of US Foods Holding Corp., disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 28, 2025, John Tonnison disposed of 20,153 shares of Common Stock at a price of $64.53 to cover tax obligations.
- Following this transaction, Tonnison directly owns 116,830 shares of Common Stock.
- On March 31, 2025, John Tonnison disposed of 6,023 shares of Common Stock at a price of $65.46 to cover tax obligations.
- Following this transaction, Tonnison directly owns 110,807 shares of Common Stock.
- The disposals were related to the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who receive stock-based compensation. The disposal of shares to cover tax obligations is a standard practice.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the disposals are related to tax obligations and are not indicative of a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 2023-11-08 | Date of Power of Attorney execution. |
| 2025-03-28 | Date of first reported transaction: disposal of 20,153 shares at $64.53. |
| 2025-03-31 | Date of second reported transaction: disposal of 6,023 shares at $65.46. |
| 2025-04-01 | Date of signature on the Form 4 filing. |
Keywords
Form 4, US Foods Holding Corp., USFD, John Tonnison, Stock Disposal, Tax Obligations, Restricted Stock Units, Beneficial Ownership, Insider Trading
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