Performance Food (NYSE: PFGC) exec plans 1,320-share sale
Rhea-AI Filing Summary
Performance Food Group Company (PFGC) has a notice from officer Brent King to sell company common stock under Rule 144. He plans to sell 1,320 shares of common stock through Morgan Stanley Smith Barney, with an aggregate market value of $139,629.60. The notice references prior 10b5-1 plan sales of PFGC common stock over the past three months.
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Key Figures
Planned shares to be sold: 1,320 shares
Aggregate market value of planned sale: $139,629.60
Shares outstanding: 157,533,032 shares
+3 more
6 metrics
Planned shares to be sold
1,320 shares
Common stock to be sold under Rule 144 by Brent King
Aggregate market value of planned sale
$139,629.60
Value of 1,320 PFGC common shares to be sold
Shares outstanding
157,533,032 shares
PFGC common shares listed with NYSE reference
10b5-1 sale on 08/21/2026
1,178 shares; $123,014.42
PFGC common stock sold for Brent King under 10b5-1 plan
10b5-1 sale on 08/20/2026
8,023 shares; $836,076.83
PFGC common stock sold for Brent King under 10b5-1 plan
10b5-1 sale on 06/12/2026
6,111 shares; $641,655.00
PFGC common stock sold for Brent King under 10b5-1 plan
Key Terms
Rule 144, 10b5-1, restricted stock award (RSA)
3 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.
10b5-1 regulatory
"10b5-1 Sales for BRENT KING 12500 West Creek Parkway Richmond VA 23238"
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 award (RSA) financial
"Common | 08/22/2026 | RSA | Issuer | | | 1320"
FAQ
What does the Form 144 for PFGC disclose about Brent King’s planned sale?
The notice states that officer Brent King intends to sell 1,320 shares of Performance Food Group Company common stock under Rule 144 through Morgan Stanley Smith Barney, with an aggregate market value of $139,629.60 based on the referenced market price.
Are Brent King’s recent PFGC stock sales under a 10b5-1 trading plan?
Yes. The notice identifies the recent transactions as “10b5-1 Sales for BRENT KING” for multiple dates in June and August 2026, indicating that these PFGC share sales were made under a pre-arranged Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.