Form 4: US Foods Holding Corp.: Officer Rickard Reports Changes in Beneficial Ownership Following Separation

David Rickard, former EVP of Strategy and Revenue Management at US Foods Holding Corp., reports changes in his beneficial ownership of company stock following his separation from the company on March 31, 2024.

Summary

• David Rickard, a former executive at US Foods Holding Corp., filed a Form 4 on April 9, 2024, reporting changes in his beneficial ownership of the company's common stock.
• The transactions occurred on April 5, 2024, and include the acquisition of 9,516 shares through the vesting of restricted stock units at a price of $54.18.
• Rickard also disposed of 4,216 shares to cover tax obligations at a price of $54.18.
• Additionally, 13,804 restricted stock awards were forfeited due to Rickard's separation from the company on March 31, 2024.
• Following these transactions, Rickard directly owns 127,222 shares of US Foods Holding Corp. common stock and 15,857 restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to an executive's departure. There is no indication of positive or negative implications for the company's performance.

Negatives

• Rickard forfeited 13,804 restricted stock awards due to his separation from the company.

Industry Context

Executive stock transactions are routinely monitored by investors as they can provide insights into an executive's perspective on the company's performance and future prospects. This filing reflects changes due to an executive's departure, which is a common occurrence.

Management Changes

Key Dates