TEHLE DAVID M 4
4 · US Foods Holding Corp. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
US Foods (USFD) Director David Tehle Exercises Options
What Happened David M. Tehle, a director of US Foods Holding Corp. (USFD), exercised a total of 2,436 stock options on May 19, 2026. The options had a $23.50 exercise price, producing an aggregate exercise obligation of about $57,246. To satisfy the exercise price and related tax withholding, the issuer withheld 701 shares (treated as dispositions), leaving Tehle with a net increase of 1,735 common shares. The withholding was done by the issuer and did not involve any open-market sales.
Key Details
- Transaction date: 2026-05-19 (reported on Form 4 filed 2026-05-21). Filing appears timely.
- Options exercised: 2,436 shares at $23.50 per share (aggregate exercise price ≈ $57,246).
- Shares withheld to cover exercise price/taxes: 701 shares (withholding values listed ≈ $57,331 across withheld lots).
- Net shares added to beneficial ownership: 1,735 shares (2,436 exercised − 701 withheld).
- Footnotes: F1 notes the issuer withheld shares to satisfy the option exercise (no market sales). F2/F3 indicate these were 2016 grants (performance- and time-based options granted Nov 11, 2016).
- Shares owned after the transactions: not specified in the provided filing extract.
Context
- This was an option exercise with share withholding (a cashless-like settlement to cover costs/taxes), not an open-market sale or purchase. The filing shows the underlying options were converted/terminated upon exercise (zero-dollar derivative entries reflect conversion).
- Exercises and withholding are routine for insiders exercising vested options and do not, by themselves, indicate a buy-or-sell market sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-05-19$23.50/sh+406$9,541→ 39,627 total - Tax Payment
Common Stock
[F1]2026-05-19$81.87/sh−117$9,579→ 39,510 total - Exercise/Conversion
Common Stock
2026-05-19$23.50/sh+406$9,541→ 39,916 total - Tax Payment
Common Stock
[F1]2026-05-19$81.87/sh−117$9,579→ 39,799 total - Exercise/Conversion
Common Stock
2026-05-19$23.50/sh+1,624$38,164→ 41,423 total - Tax Payment
Common Stock
[F1]2026-05-19$81.74/sh−467$38,173→ 40,956 total - Exercise/Conversion
Employee Stock Option (right to buy)
[F2]2026-05-19−406→ 406 totalExercise: $23.50Exp: 2026-11-11→ Common Stock (406 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
[F2]2026-05-19−406→ 0 totalExercise: $23.50Exp: 2026-11-11→ Common Stock (406 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
[F3]2026-05-19−1,624→ 0 totalExercise: $23.50Exp: 2026-11-11→ Common Stock (1,624 underlying)
Footnotes (3)
- [F1]Reflects withholding of shares by the Issuer to satisfy the option exercise price in connection with the option exercise. Such withholding did not involve any market sales or other market transactions.
- [F2]Performance-based stock options awarded November 11, 2016. The performance-based stock options were earned and vested and became exercisable in four equal annual installments based on satisfaction of certain performance-based criteria for each of the fiscal years ending 2017, 2018, 2019 and 2020, contingent on the reporting person's continued service with the Issuer.
- [F3]Time-based stock options granted on November 11, 2016. The time-based stock options were vested and became exercisable in equal annual installments on each June 3, 2017, 2018, 2019 and 2020, contingent on the reporting person's continued service with the Issuer.