Performance Food (NYSE: PFGC) exec plans $122K stock sale
Rhea-AI Filing Summary
Performance Food Group Company (PFGC) received a Form 144 notice from officer Brent King covering a planned sale of 1,178 shares of common stock, to be effected through Morgan Stanley Smith Barney LLC Executive Financial Services. The filing references 157,533,032 shares outstanding for the issuer.
The notice also lists prior Rule 10b5-1 plan sales by Brent King over the past three months, including 8,023 shares for $836,076.83 on August 20, 2026 and 5,641 shares for $545,115.78 on June 1, 2026.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed to be sold: 1,178 shares
Aggregate market value of proposed sale: $122,488.44
Shares outstanding: 157,533,032 shares
+3 more
6 metrics
Shares proposed to be sold
1,178 shares
Common stock covered by Form 144 notice
Aggregate market value of proposed sale
$122,488.44
Value of 1,178 shares of common stock in Form 144
Shares outstanding
157,533,032 shares
Issuer’s common shares outstanding referenced in Form 144
10b5-1 sale on 08/20/2026
8,023 shares for $836,076.83
Common stock sold by Brent King under 10b5-1 plan
10b5-1 sale on 08/18/2026
1,529 shares for $160,001.29
Common stock sold by Brent King under 10b5-1 plan
10b5-1 sale on 06/12/2026
6,111 shares for $641,655.00
Common stock sold by Brent King under 10b5-1 plan
Key Terms
Rule 144, Form 144, 10b5-1, Restricted Stock Awards
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Form 144 regulatory
"144: Filer Information 144: Issuer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
10b5-1 regulatory
"10b5-1 Sales for BRENT KING 12500 West Creek Parkway"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Restricted Stock Awards financial
"Common | 08/19/2026 | Restricted Stock Awards | Issuer"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
FAQ
What does Brent King’s Form 144 filing mean for PFGC?
The Form 144 indicates that officer Brent King intends to sell 1,178 shares of Performance Food Group Company common stock under Rule 144 through Morgan Stanley Smith Barney LLC. It is a notice of a proposed sale by an affiliate, not a transaction by the company itself.
What prior PFGC stock sales by Brent King are disclosed in the last 3 months?
The filing lists several prior 10b5-1 plan sales by Brent King, including 8,023 shares for $836,076.83 on August 20, 2026 and 5,641 shares for $545,115.78 on June 1, 2026, along with additional sales on June 9, June 10, June 12, and August 18, 2026.
What trading plan is referenced for Brent King’s recent PFGC sales?
The recent sales disclosed for Brent King are described as 10b5-1 Sales. These include multiple transactions in June, August 18, and August 20, 2026, where shares of Performance Food Group Company common stock were sold under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.