TEHLE DAVID M 4

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.