secwatch.observer — SEC 8-K summary
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Issuer:     US Foods Holding Corp. (USFD)
CIK:        0001665918
Form:       8-K
Filed at:   2023-05-23T23:59:59+00:00
Accession:  0000950157-23-000566
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

US Foods announces secondary offering by KKR and $150M share repurchase at $39.90/share
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- KKR Fresh Holdings selling 17,425,053 shares in secondary offering at $39.90 per share; US Foods receives no proceeds.
- US Foods to repurchase ~$150M of offered shares concurrently at same price; repurchase conditional on offering completion.
- Upon closing, KKR will no longer own any US Foods common stock or Series A Convertible Preferred Stock.
- Offering expected to close on May 26, 2023; Morgan Stanley sole underwriter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665918/000095015723000566/0000950157-23-000566-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665918/000095015723000566/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-23-000566

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