Leddy James 4
Research Summary
AI-generated summary
Chefs' Warehouse (CHEF) CFO James Leddy Sells 1,822 Shares
What Happened
- James Leddy, CFO of Chefs' Warehouse, had 1,822 shares withheld upon the vesting of restricted common stock to cover tax obligations. The shares were valued at $62.52 each, for a total disposition value of $113,911 on March 4, 2026. This was a tax withholding (Form 4 code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-04; Filing date: 2026-03-06 (filed two days after the transaction)
- Price per share: $62.52; Shares involved: 1,822; Total value: $113,911
- Shares were withheld to satisfy tax liability upon vesting (Footnote F1: withholding under the 2019 Omnibus Equity Incentive Plan)
- Shares owned after the transaction: not specified in the provided filing excerpt
- Filing status: appears to be filed within the typical 2-business-day Form 4 window
Context
- This was a tax-withholding disposition tied to the vesting of restricted stock, a routine administrative action that does not necessarily indicate a change in insider sentiment; the shares were withheld rather than sold on the open market.