United Natural Foods (UNFI) President Sells 10,000 Shares for $515,600

AI Summary

On June 23, Mark Bushway, President and CEO of United Natural Foods (UNFI), sold 10,000 shares in an open-market transaction for $515,600, with a weighted average price of $51.56 per share. The market price at the close on that day was $51.48. This sale aligns with Bushway's typical pattern, reflecting a consistent reduction in his direct holdings, which were approximately 16%-18% of his total shares at the time. The transaction was disclosed in a Form 4 filing with the SEC, indicating ongoing portfolio rebalancing without any derivatives involved.