Wednesday, September 20, 2017 10:15 PM ET
Insiders at US Foods Holding (USFD) Make Significant Stock Sales Extends the Trend of Last Quarter
A substantial level of insider sales in US Foods Holding was revealed in form 4 documents filed with the SEC today. Five insiders — Clayton Dubilier & Rice Fund VII, Kkr 2006 Fund, KKR Fund Holdings, Asf Walter Co Invest, and Cdr Usf Co Investor No 2 — disposed of 100,000,000 shares in the company having a market value of approximately $2,734,000,000. There was one insider buy/sell transaction in the past 90 days prior to these transactions which resulted in the sale of 23,572 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 100,023,572 shares and have averaged 16,670,595 shares per transaction over this time period.
Over the last 90 days, the number of insider buy/sell trades at US Foods Holding is above the 20-company peer group average. Food Retail & Distribution peer group saw 17 buy/sell trades during this period for an average of 0.9 transactions per company. The number of shares per buy/sell trade for US Foods Holding insiders was also higher. Within the peer group there were 1,840,747 shares purchased and 10,861,203 shares sold with company insiders having sold 530,615 shares on average.
The data obtained in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
Today’s Insider Activity
* Clayton Dubilier & Rice Fund VII Lp, 10% Owner, sold 20,000,000 shares
* Kkr 2006 Fund Lp, 10% Owner, sold 20,000,000 shares
* KKR Fund Holdings LP, 10% Owner, sold 20,000,000 shares
* Asf Walter Co Invest Lp, 10% Owner, sold 20,000,000 shares
* Cdr Usf Co Investor No 2 Lp, 10% Owner, sold 20,000,000 shares
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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