US Foods’ Chief Financial Officer, Dirk Locascio, has sold $1.13 million worth of company stock, according to a recent report by Investing Us. The significant insider transaction involves a top executive at one of the nation’s leading foodservice distributors.
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US Foods CFO Dirk Locascio sells $1.13M in stock
Key Takeaways:
- US Foods CFO sold $1.13 million in stock.
- Dirk Locascio is the executive involved in the transaction.
- The sale was reported on May 19, 2025.
- The information was published by Investing Us.
- The transaction is significant due to the executive’s high position.
US Foods CFO Offloads $1.13 Million in Shares
US Foods’ Chief Financial Officer, Dirk Locascio, has sold $1.13 million worth of company stock, according to a report by Investing Us on May 19, 2025. This substantial sale marks a significant insider transaction by a leading executive of the major foodservice distributor.
Details of the Transaction
The transaction involves the sale of company shares totaling $1.13 million. Specific details regarding the number of shares or the price per share were not disclosed in the report. The sale’s magnitude underscores the noteworthy nature of this insider activity.
About Dirk Locascio
As the CFO of US Foods, Dirk Locascio holds a pivotal role in overseeing the company’s financial strategies and operations. His responsibilities include financial planning, risk management, and financial reporting. The decision to sell a considerable amount of company stock highlights a personal financial move by a key figure within the organization.
Context of Insider Stock Sales
Insider transactions, such as stock sales by corporate executives, are regularly monitored by investors and regulatory bodies. While such sales can be routine for portfolio diversification or personal reasons, they often draw attention due to the insider’s access to company insights. It is important to note that no specific reasons for Locascio’s sale have been provided.
Reporting Source
The information regarding the stock sale was reported by Investing Us, a reputable source for financial news and market insights. The report was published on May 19, 2025, offering timely information to investors and interested parties.
Conclusion
The sale of $1.13 million in stock by US Foods’ CFO represents a significant transaction within the company’s executive ranks. While details are limited, the move is notable given Locascio’s prominent position. Investors and market observers may continue to watch for further developments related to insider activities at US Foods.
