PFGC affiliate files Form 144 to sell 2,500 shares
PFGC affiliate filed a Form 144 notice to sell 2,500 shares of Common Stock.
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Rhea-AI Filing Summary
PFGC affiliate filed a Form 144 notice to sell 2,500 shares of Common Stock. The sale is listed through Morgan Stanley Smith Barney LLC with an aggregate value of $237,500. The shares derive from restricted stock vesting: 1,091 shares vested on 11/16/2023 and 1,409 shares vested on 11/18/2021.
Insights
Form 144 documents a proposed affiliate sale of vested restricted shares, not a completed transaction.
Form 144 serves as a notice of a proposed sale by an affiliate; it does not itself effect a sale. The filing lists 2,500 shares and an aggregate value of $237,500, and names Morgan Stanley Smith Barney LLC as the broker-dealer.
Because the shares are identified as resulting from restricted stock vesting on 11/16/2023 and 11/18/2021, subsequent trade timing and execution method depend on broker activity and applicable resale rules. Subsequent filings will show whether and when the sales occur.
Key Figures
Key Terms
Form 144 regulatory
Restricted stock vesting under a registered plan financial
Broker-dealer (Morgan Stanley Smith Barney LLC) financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does PFGC's Form 144 filing mean?
Who is the broker handling the proposed PFGC sale?
Does this Form 144 show proceeds will go to the issuer (PFGC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.