Pappas John 4

What Happened John Pappas, Vice Chairman, COO and a director of Chefs' Warehouse (CHEF), had 2,742 shares withheld on March 4, 2026 to satisfy tax withholding related to the vesting of restricted common stock. The shares were valued at $62.52 each for a total value of approximately $171,430. This was a tax-withholding disposal (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-03-04 at $62.52 per share (total ~$171,430).
• Transaction type: Tax withholding upon vesting of restricted stock (Form 4 code F).
• Shares owned after transaction: Not specified in the information provided in the summary filing.
• Filing date / timeliness: Form 4 filed 2026-03-06 — appears timely (within the standard reporting window).
• Footnotes: F1 — shares withheld upon vesting under the company's 2019 Omnibus Equity Incentive Plan. F2 — some shares are held by a single-member LLC that is the grantor retained annuity trust (GRAT) established by the reporting person; he is sole trustee and annuity beneficiary.

Context This was a routine tax-withholding event tied to the vesting of restricted stock, which is common and generally not a directional signal about the insider’s view of the company. The shares were disposed solely to cover tax obligations (cashless/tax-withholding) rather than sold on the open market for liquidity or investment reasons.