Companies United Natural Foods Inc
United Natural Foods (UNFI): executive pay, fiscal 2026
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CEO pay, last three years
- $7,619,334FY2024
- $9,655,175FY2025
- $11,295,207FY2026
CEO total pay was $11,295,207 in fiscal 2026, up from $9,655,175 in fiscal 2025.
FY2026: salary $1,123,077 · bonus $0 · stock awards $8,016,521 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Sandy Douglas | $1,123,077 | $0 | $8,016,521 | $0 | $2,133,359 | $0 | $22,250 | $11,295,207 |
| Chief Executive Officer | ||||||||
| Matteo Tarditi | 835,077 | 0 | 2,585,936 | 0 | 1,002,510 | 0 | 22,250 | 4,445,773 |
| President & Chief Operating Officer (6) | ||||||||
| David Best | 562,500 | 385,000 | 1,784,363 | 0 | 573,989 | 0 | 18,663 | 3,324,515 |
| President & Chief Executive Officer, Retail | ||||||||
| Louis Martin | 717,390 | 0 | 1,551,561 | 0 | 861,227 | 0 | 27,529 | 3,157,707 |
| Chief Commercial Officer (12) | ||||||||
| Mark Bushway | 643,846 | 0 | 1,551,561 | 0 | 772,937 | 0 | 23,578 | 2,991,922 |
| Chief Supply Chain Officer (10) | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2026 total | FY2025 total | FY2024 total | Δ FY2025→2026 |
|---|---|---|---|---|
| Sandy Douglas | $11,295,207 | $9,655,175 | $7,619,334 | ↑ +1,640,032 |
| Matteo Tarditi | 4,445,773 | 3,873,228 | 2,607,346 | ↑ +572,545 |
| David Best | 3,324,515 | — | — | — |
| Louis Martin | 3,157,707 | 2,903,371 | 2,622,293 | ↑ +254,336 |
| Mark Bushway | 2,991,922 | 2,286,832 | — | ↑ +705,090 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our compensation policies and programs are designed to support the achievement of our strategic plans and financial targets by motivating, retaining and attracting exceptional talent to develop and execute our key objectives which we believe will drive long-term stockholder value. A substantial majority of executive compensation is performance-based and tied to objective financial metrics that reflect outcomes management can directly influence and that we believe are critical to UNFI’s long-term success.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | FW Cook |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2026
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| David Best | PSU | 2025-12-18 | 9,099 | 18,198 | — | 36,396 | $634,382 |
| David Best | RSU | 2025-12-18 | — | — | 12,132 | — | 399,992 |
| David Best | RSU | 2025-10-02 | — | — | 18,731 | — | 749,989 |
| Mark Bushway | PSU | 2025-12-18 | 13,648 | 27,297 | — | 54,594 | 951,573 |
| Mark Bushway | RSU | 2025-12-18 | — | — | 18,198 | — | 599,988 |
| Sandy Douglas | PSU | 2025-12-18 | 70,518 | 141,037 | — | 282,074 | 4,916,550 |
| Sandy Douglas | RSU | 2025-12-18 | — | — | 94,024 | — | 3,099,971 |
| Matteo Tarditi | PSU | 2025-12-18 | 22,747 | 45,495 | — | 90,990 | 1,585,956 |
| Louis Martin | PSU | 2025-12-18 | 13,648 | 27,297 | — | 54,594 | 951,573 |
| Louis Martin | RSU | 2025-12-18 | — | — | 18,198 | — | 599,988 |
| Matteo Tarditi | RSU | 2025-12-18 | — | — | 30,330 | — | 999,980 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| David Best | $1,149,981 | $634,382 | $0 | 35.6% |
| Mark Bushway | 599,988 | 951,573 | 0 | 61.3% |
| Sandy Douglas | 3,099,971 | 4,916,550 | 0 | 61.3% |
| Matteo Tarditi | 999,980 | 1,585,956 | 0 | 61.3% |
| Louis Martin | 599,988 | 951,573 | 0 | 61.3% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2026
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Mark Bushway | RSU | 6,165 | — | $313,367 |
| Mark Bushway | RSU | 10,174 | — | 517,144 |
| Louis Martin | RSU | 10,687 | — | 543,220 |
| Matteo Tarditi | RSU | 11,330 | — | 575,904 |
| David Best | RSU | 12,132 | — | 616,670 |
| Matteo Tarditi | RSU | 12,432 | — | 631,919 |
| Louis Martin | RSU | 13,226 | — | 672,278 |
| Mark Bushway | RSU | 18,198 | — | 925,004 |
| Louis Martin | RSU | 18,198 | — | 925,004 |
| David Best | RSU | 18,731 | — | 952,097 |
| Matteo Tarditi | RSU | 20,348 | — | 1,034,289 |
| Matteo Tarditi | RSU | 30,330 | — | 1,541,674 |
| David Best | RSU | 30,863 | — | 1,568,767 |
| David Best | PSU | 36,396 | — | 1,850,009 |
| David Best | PSU | 36,396 | — | 1,850,009 |
| Sandy Douglas | RSU | 41,102 | — | 2,089,215 |
| Mark Bushway | PSU | 45,784 | — | 2,327,201 |
| Mark Bushway | RSU | 49,643 | — | 2,523,354 |
| Mark Bushway | PSU | 54,594 | — | 2,775,013 |
| Louis Martin | PSU | 54,594 | — | 2,775,013 |
| Louis Martin | PSU | 59,518 | — | 3,025,300 |
| Sandy Douglas | RSU | 64,861 | — | 3,296,885 |
| Mark Bushway | RSU | 84,180 | — | 4,278,869 |
| Louis Martin | RSU | 86,048 | — | 4,373,820 |
| Matteo Tarditi | PSU | 90,990 | — | 4,625,022 |
| Matteo Tarditi | PSU | 91,568 | — | 4,654,401 |
| Sandy Douglas | RSU | 94,024 | — | 4,779,240 |
| Matteo Tarditi | RSU | 100,106 | — | 5,088,388 |
| Mark Bushway | PSU | 100,378 | — | 5,102,214 |
| Louis Martin | PSU | 114,112 | — | 5,800,313 |
| Louis Martin | RSU | 128,159 | — | 6,514,322 |
| Matteo Tarditi | RSU | 174,546 | — | 8,872,174 |
| Matteo Tarditi | PSU | 182,558 | — | 9,279,423 |
| Sandy Douglas | PSU | 282,074 | — | 14,337,821 |
| Sandy Douglas | PSU | 291,872 | — | 14,835,854 |
| Sandy Douglas | RSU | 330,960 | — | 16,822,697 |
| Sandy Douglas | RSU | 530,947 | — | 26,988,037 |
| Sandy Douglas | PSU | 573,946 | — | 29,173,675 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Jack StahlIndependent · Board Chair · Nominating and Governance | $260,000 | $175,000 | — | — | — | $435,000 |
| James L. MuehlbauerIndependent · Audit (Chair) | 140,000 | 175,000 | — | — | — | 315,000 |
| Daphne J. DufresneIndependent · Compensation (Chair) | 133,750 | 175,000 | — | — | — | 308,750 |
| Gloria R. BoylandIndependent · Compensation · Nominating and Governance (Chair) | 130,000 | 175,000 | — | — | — | 305,000 |
| Lynn S. BlakeIndependent · Audit · Nominating and Governance | 110,000 | 175,000 | — | — | — | 285,000 |
| Michael S. FunkNot independent | 110,000 | 175,000 | — | — | — | 285,000 |
| James M. LoreeIndependent · Audit | 110,000 | 175,000 | — | — | — | 285,000 |
| Shamim MohammadIndependent · Audit · Compensation | 110,000 | 175,000 | — | — | — | 285,000 |
| James C. PappasIndependent · Nominating and Governance · Compensation | 110,000 | 175,000 | — | — | — | 285,000 |
Board fee structure and ownership guideline
| Annual cash retainer | $110,000 |
|---|---|
| Annual equity retainer | $185,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 30,000 / 25,000 / 20,000 |
| Stock ownership guideline | $550,000 |
Total cost of the board
| Component | FY2026 |
|---|---|
| Cash retainers and fees | $1,213,750 |
| Equity awards (grant-date value) | $1,575,000 |
| All other compensation | $0 |
| Total cost of the board | $2,788,750 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names United Natural Foods as a peer
Companies that benchmark against UNFI
13 companies name UNFI as a compensation peer
The list of companies that name UNFI as a peer is temporarily unavailable — recheck shortly.
Disclosed peer group — fiscal year 2026
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Peer reciprocity
The companies United Natural Foods Inc names as compensation peers that name it back in their own disclosed peer groups.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | US Foods | 2025 | David Flitman | $1,399,231 | $13,296,895 | — | $2,577,868 | $18,063,586 |
| 2 | Sysco | 2026 | Kevin Hourican | 1,435,538 | 10,391,759 | 2,579,986 | 2,905,602 | 17,899,369 |
| 3 | BJ’s Wholesale | 2025 | Bob Eddy | 1,432,701 | 12,499,863 | 0 | 2,334,500 | 16,678,036 |
| 4 | Pilgrim’s Pride | 2025 | Fabio Sandri | 1,000,000 | 13,437,807 | 0 | 1,948,960 | 16,408,520 |
| 5 | Wesco International | 2025 | John Engel | 1,412,165 | 7,112,936 | 2,275,029 | 1,362,550 | 12,308,746 |
| 6 | Avnet | 2026 | Philip Gallagher | 1,200,000 | 7,970,035 | 0 | 2,706,893 | 11,980,898 |
| 7 | United Natural Foods Inc | 2026 | Sandy Douglas | 1,123,077 | 8,016,521 | 0 | 2,133,359 | 11,295,207 |
| 8 | C.H. Robinson | 2025 | David Bozeman | 1,100,962 | 6,984,383 | 0 | 2,879,618 | 11,045,949 |
| 9 | Performance Food Group | 2026 | Scott McPherson | 880,385 | 4,250,191 | 0 | 1,933,218 | 7,129,941 |
| — | SpartanNash | — | — | — | — | — | — | not in coverage universe |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| United Natural Foods Inc | not disclosed | PSU 60 · RSU 40 | not disclosed | FW Cook |
| Avnet | 140.98% | RSU 50 · PSU 50 | Yes — Relative TSR Modifier | Meridian Compensation Partners, LLC |
| BJ’s Wholesale | 92% | PSU 60 · RSU 40 | No | Exequity, LLP |
| C.H. Robinson | 171% | PSU 60 · RSU 40 | No | Semler Brossy |
| Performance Food Group | 150.4% | PSU 60 · RSU 40 | Yes — Relative TSR | Meridian Compensation Partners, LLC |
| Pilgrim’s Pride | not disclosed | not disclosed | not disclosed | not disclosed |
| SpartanNash | not disclosed | not disclosed | not disclosed | not disclosed |
| Sysco | 115.66% | PSU 50 · RSU 30 · Option 20 | No | Semler Brossy |
| US Foods | 102% | RSU 50 · PRSU 50 | No | Meridian |
| Wesco International | not disclosed | not disclosed | Yes — Relative Total Stockholder Return (TSR) Modifier | Meridian Compensation Partners, LLC |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-12-16 | 46,684,471 | 870,985 | 400,128 | 98.17% | Passed |
| 2025 | 2025-12-16 | 46,684,471 | 870,985 | 400,128 | 98.17% | Passed |
| 2024 | 2024-12-17 | 43,767,642 | 2,829,893 | 283,784 | 93.93% | Passed |
| 2023 | 2023-12-19 | 42,927,216 | 3,404,046 | 215,948 | 92.65% | Passed |
| 2022 | 2022-01-11 | 41,580,345 | 3,312,731 | 126,976 | 92.62% | Passed |
| 2021 | 2021-01-12 | 19,720,088 | 13,017,473 | 444,508 | 60.24% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2025 | 2025-12-16 | 98.17%a |
| 2025 | 2025-12-16 | 98.17%b |
| 2024 | 2024-12-17 | 93.93%c |
a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on this item because they are not considered votes cast.”.
b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on this item because they are not considered votes cast.”.
c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on this item because they are not considered votes cast.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 168 : 1 |
|---|---|
| CEO total compensation | $11,295,207 |
| Median employee compensation | $67,317 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (45 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Sandy Douglas. DEF 14A, filed 2026-11-04. Section “Summary Compensation Table—Fiscal Years 20” · page 51. As printed: 11,295,207. View filing ↗
- Section 01, Matteo Tarditi. DEF 14A, filed 2026-11-04. Section “Summary Compensation Table—Fiscal Years 20” · page 51. As printed: 4,445,773. View filing ↗
- Section 01, David Best. DEF 14A, filed 2026-11-04. Section “Summary Compensation Table—Fiscal Years 20” · page 51. As printed: 3,324,515. View filing ↗
- Section 01, Louis Martin. DEF 14A, filed 2026-11-04. Section “Summary Compensation Table—Fiscal Years 20” · page 51. As printed: 3,157,707. View filing ↗
- Section 01, Mark Bushway. DEF 14A, filed 2026-11-04. Section “Summary Compensation Table—Fiscal Years 20” · page 51. As printed: 2,991,922. View filing ↗
- Section 03, David Best PSU. DEF 14A, filed 2026-11-04. Section “Grants of Plan-Based Awards in Fiscal 20” · grants of plan-based awards table. View filing ↗
- Section 03, David Best RSU. DEF 14A, filed 2026-11-04. Section “Grants of Plan-Based Awards in Fiscal 20” · grants of plan-based awards table. View filing ↗
- Section 03, David Best RSU. DEF 14A, filed 2026-11-04. Section “Grants of Plan-Based Awards in Fiscal 20” · grants of plan-based awards table. View filing ↗
- Section 03, Mark Bushway PSU. DEF 14A, filed 2026-11-04. Section “Grants of Plan-Based Awards in Fiscal 20” · grants of plan-based awards table. View filing ↗
- Section 03, Mark Bushway RSU. DEF 14A, filed 2026-11-04. Section “Grants of Plan-Based Awards in Fiscal 20” · grants of plan-based awards table. View filing ↗
- Section 03, Sandy Douglas PSU. DEF 14A, filed 2026-11-04. Section “Grants of Plan-Based Awards in Fiscal 20” · grants of plan-based awards table. View filing ↗
- Section 03, Sandy Douglas RSU. DEF 14A, filed 2026-11-04. Section “Grants of Plan-Based Awards in Fiscal 20” · grants of plan-based awards table. View filing ↗
- Section 03, Matteo Tarditi PSU. DEF 14A, filed 2026-11-04. Section “Grants of Plan-Based Awards in Fiscal 20” · grants of plan-based awards table. View filing ↗
- Section 03, Louis Martin PSU. DEF 14A, filed 2026-11-04. Section “Grants of Plan-Based Awards in Fiscal 20” · grants of plan-based awards table. View filing ↗
- Section 03, Louis Martin RSU. DEF 14A, filed 2026-11-04. Section “Grants of Plan-Based Awards in Fiscal 20” · grants of plan-based awards table. View filing ↗
- Section 03, Matteo Tarditi RSU. DEF 14A, filed 2026-11-04. Section “Grants of Plan-Based Awards in Fiscal 20” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-11-04. Section “CEO Pay Ratio”. As printed: 168 : 1. View filing ↗
- Section 08, Jack Stahl. DEF 14A, filed 2026-11-04. Section “Director Compensation”. As printed: 435,000. View filing ↗
- Section 08, James L. Muehlbauer. DEF 14A, filed 2026-11-04. Section “Director Compensation”. As printed: 315,000. View filing ↗
- Section 08, Daphne J. Dufresne. DEF 14A, filed 2026-11-04. Section “Director Compensation”. As printed: 308,750. View filing ↗
- Section 08, Gloria R. Boyland. DEF 14A, filed 2026-11-04. Section “Director Compensation”. As printed: 305,000. View filing ↗
- Section 08, Lynn S. Blake. DEF 14A, filed 2026-11-04. Section “Director Compensation”. As printed: 285,000. View filing ↗
- Section 08, Michael S. Funk. DEF 14A, filed 2026-11-04. Section “Director Compensation”. As printed: 285,000. View filing ↗
- Section 08, James M. Loree. DEF 14A, filed 2026-11-04. Section “Director Compensation”. As printed: 285,000. View filing ↗
- Section 08, Shamim Mohammad. DEF 14A, filed 2026-11-04. Section “Director Compensation”. As printed: 285,000. View filing ↗
- Section 08, James C. Pappas. DEF 14A, filed 2026-11-04. Section “Director Compensation”. As printed: 285,000. View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-12-17. Item 5.07 · say-on-pay result. As reported: 98.17% (votes for as printed: 46,684,471). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-12-17. Item 5.07 · say-on-pay result. As reported: 98.17% (votes for as printed: 46,684,471). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-12-18. Item 5.07 · say-on-pay result. As reported: 93.93% (votes for as printed: 43,767,642). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 1,213,750 + equity 1,575,000 + all other 0 = 2,788,750, summed across the director compensation table rows.
- US Foods, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in US Foods's own proxy. As printed: 18,063,586. View filing ↗
- Sysco, Section 10b CEO total. DEF 14A, filed 2026-10-01. CEO total compensation as printed in Sysco's own proxy. As printed: 17,899,369. View filing ↗
- BJ’s Wholesale, Section 10b CEO total. DEF 14A, filed 2026-05-06. CEO total compensation as printed in BJ’s Wholesale's own proxy. As printed: 16,678,036. View filing ↗
- Pilgrim’s Pride, Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Pilgrim’s Pride's own proxy. As printed: 16,408,520. View filing ↗
- Wesco International, Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Wesco International's own proxy. As printed: 12,308,746. View filing ↗
- Avnet, Section 10b CEO total. DEF 14A, filed 2026-10-06. CEO total compensation as printed in Avnet's own proxy. As printed: 11,980,898. View filing ↗
- United Natural Foods Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-11-04. CEO total compensation as printed in United Natural Foods Inc's own proxy. As printed: 11,295,207. View filing ↗
- C.H. Robinson, Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in C.H. Robinson's own proxy. As printed: 11,045,949. View filing ↗
- Performance Food Group, Section 10b CEO total. DEF 14A, filed 2026-10-09. CEO total compensation as printed in Performance Food Group's own proxy. As printed: 7,129,941. View filing ↗
- Section 10a, C.H. Robinson reciprocity. DEF 14A. C.H. Robinson names United Natural Foods Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Performance Food Group reciprocity. DEF 14A. Performance Food Group names United Natural Foods Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, SpartanNash reciprocity. DEF 14A. SpartanNash names United Natural Foods Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, US Foods reciprocity. DEF 14A. US Foods names United Natural Foods Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗