---
schema_version: "secwatch.filing_event.v1"
accession: "0001839882-23-007251"
form_type: "8-K"
ticker: "USFD"
cik: "0001665918"
company_name: "US Foods Holding Corp."
filed_at: "2023-03-21T23:59:59+00:00"
generated_at: "2026-06-17T22:18:49.570337+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# US Foods boosts Iacobucci's LTI to $2.25M, Locascio's salary to $725k, special $2M retention grants

## Summary
- Andrew Iacobucci's 2023 LTI grant rises from $1.5M to $2.25M (50% RSUs, 50% performance RSUs).
- Dirk Locascio's base salary increased to $725k (from $700k); LTI grant doubled to $2M (50/50 split).
- Each executive gets a special $2M retention grant of time-based RSUs vesting ratably over three years.
- Iacobucci's transition role concludes; he will assume a permanent role on new CEO Dave Flitman's leadership team.

## SEC filing metadata
- accession: 0001839882-23-007251
- form_type: 8-K
- ticker: USFD
- cik: 0001665918
- company_name: US Foods Holding Corp.
- filed_at: 2023-03-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665918/000183988223007251/0001839882-23-007251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665918/000183988223007251/usfd-8k_031523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001839882-23-007251
- JSON: https://secwatch.observer/filing/0001839882-23-007251.json
- Plain text: https://secwatch.observer/filing/0001839882-23-007251.txt

## Key facts
- Executive change
  Andrew E. Iacobucci changed role as Executive Vice President and Chief Transition Officer at US Foods Holding Corp..
  - Action: transition to permanent role
  - Role: Executive Vice President and Chief Transition Officer
  source text: Mr. Iacobucci’s duties related to the on-boarding of the Company’s new Chief Executive Officer, David E. Flitman, will soon conclude and he will transition to a permanent role as part of Mr. Flitman’s leadership team, but his new title has not yet been determined.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665918/000183988223007251/0001839882-23-007251-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.