Hancock William Spencer 4

What Happened

• William Hancock, EVP and Chief Supply Chain Officer at US Foods (USFD), had a total of 2,551 shares withheld to satisfy tax obligations upon the vesting of restricted stock units (RSUs). The withholding occurred in two transactions: 1,012 shares at $91.13 each ($92,224) and 1,539 shares at $92.48 each ($142,327), for a combined value of approximately $234,551.
• This is a tax-withholding event (not an open-market sale or a purchase) associated with RSU vesting and is generally considered routine.

Key Details

• Transaction dates and prices:
  • 2026-03-24: 1,012 shares withheld @ $91.13 = $92,224
  • 2026-03-25: 1,539 shares withheld @ $92.48 = $142,327
• Total shares withheld: 2,551; total value: ~$234,551.
• Footnote: F1 — withholding of shares to satisfy tax obligations in connection with the vesting of restricted stock units.
• Filing: Form 4 filed 2026-03-26 for transactions on 2026-03-24 and 2026-03-25 — appears timely (Form 4s are typically due within two business days).
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This is a tax-withholding (code F) event tied to RSU vesting — the company retained shares rather than an insider selling on the open market. Such withholdings are routine and do not, by themselves, indicate the insider’s view on the company’s prospects. Purchases or open-market sales by insiders tend to be more informative about sentiment.