Taylor Randy J 4
Research Summary
AI-generated summary
US Foods (USFD) EVP Randy J. Taylor Receives Award, Withholds Shares
What Happened
Randy J. Taylor, EVP, Field Operations and Local Sales at US Foods (USFD), received 8,528 shares on March 27, 2026 upon vesting and settlement of performance stock units (PSUs). To satisfy tax obligations, 4,659 of those shares were withheld (disposed) — 3,868 shares and 791 shares withheld at $90.86 per share, totaling about $423,316. The 8,528-share award is recorded at $0 acquisition price because it was a settlement of PSUs.
Key Details
- Transaction date: March 27, 2026; Form 4 filed March 31, 2026 (filed within the normal reporting window).
- Award: 8,528 shares acquired upon PSU vesting (Code A) — PSUs were granted March 27, 2023 for a three-year performance period (FY 2023–2025).
- Withholding (Code F): 3,868 shares withheld at $90.86 = $351,446; 791 shares withheld at $90.86 = $71,870; combined withheld ≈ $423,316.
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnotes: F1 = PSU vesting/settlement details; F2 = withholding for PSU taxes; F3 = withholding for restricted stock unit taxes.
- Transaction codes explained: A = award/acquisition; F = shares withheld to satisfy tax liabilities (not an open-market “sell” for investment purposes).
Context
This was a routine equity compensation vesting event (PSUs reaching the end of their three-year performance period). The withheld shares reflect tax withholding, a common administrative step that does not necessarily indicate a discretionary sale or change in insider sentiment. For retail investors, purchases or open-market buys are generally more informative of bullish insider conviction than withholding transactions tied to compensation.