Pappas Christopher 4

What Happened Christopher Pappas, President, CEO and a director of Chefs' Warehouse, had 4,119 restricted common shares withheld to satisfy tax obligations upon the vesting of an equity award. The shares were valued at $62.52 each, for a notional value of approximately $257,520. This was a tax-withholding event tied to RSU vesting—not an open-market sale.

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (timely).
• Transaction type/code: F — shares withheld to cover tax liability upon vesting.
• Shares involved: 4,119 withheld; price used for value: $62.52; total value: ~$257,520.
• Footnote: Withholding occurred upon vesting of restricted common stock under The Chefs' Warehouse, Inc. Amended and Restated 2019 Omnibus Equity Incentive Plan.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: appears timely (filed within the standard Form 4 reporting window).

Context Tax withholding upon RSU vesting is a routine compensation-related transaction and is generally neutral as an insider sentiment signal. Although the filing shows the shares as "disposed" for tax purposes, this differs from an open-market sale and does not necessarily reflect a decision to liquidate holdings for investment reasons.