STOCK TITAN

Erika T. Davis reports 10b5-1 sales via Form 144 (PFGC)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Erika T. Davis submitted a Form 144 notice reporting planned sales of her Common stock under Rule 144 and executed under a 10b5-1 plan. The excerpt shows two 10b5-1 sales of 1,750 shares each on 05/27/2026 and 06/12/2026, with proceeds of $166,250 and $183,750.

The filing also lists Restricted Stock Awards dated 08/22/2024 (line item showing 2,595). The notice is procedural paperwork under Rule 144 documenting the holder's sales activity; timing and additional holder details are limited to the lines shown.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 notice documenting 10b5-1 sales and prior restricted awards.

The filing lists two 10b5-1 sales by Erika T. Davis: 1,750 shares on 05/27/2026 for $166,250 and 06/12/2026 for $183,750. These entries are typical Rule 144 disclosures.

Dependence and next steps: this is a notice, not a pricing or proceeds-use document. Subsequent SEC filings or broker confirmations would show final settlement details and whether additional shares remain subject to resale plans.

10b5-1 sale (May) 1,750 shares sale dated 05/27/2026
Proceeds (May sale) $166,250 proceeds from 05/27/2026 sale
10b5-1 sale (Jun) 1,750 shares sale dated 06/12/2026
Proceeds (Jun sale) $183,750 proceeds from 06/12/2026 sale
Restricted Stock Awards line 2,595 Restricted Stock Awards dated 08/22/2024
10b5-1 regulatory
"10b5-1 Sales for ERIKA T. DAVIS 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
"Restricted Stock Awards | Issuer | 08/22/2024"
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.
Form 144 regulatory
"Filer Information | 144: Filer 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.
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What sales does the PFGC Form 144 show for Erika T. Davis?

The filing shows two 10b5-1 sales of 1,750 shares each on 05/27/2026 and 06/12/2026, with proceeds of $166,250 and $183,750 respectively. These entries are listed as broker-assisted 10b5-1 transactions.

Does the Form 144 indicate how many restricted shares are involved for PFGC?

The excerpt lists Restricted Stock Awards dated 08/22/2024 with a line showing 2,595 (shares). The filing presents that award line but does not attach settlement or transfer details in the visible text.

Were the sales reported on the Form 144 executed under a trading plan?

Yes. The filing entries are labeled as 10b5-1 Sales, indicating sales executed under a pre-arranged trading plan. The excerpt does not provide the plan adoption date or full plan terms.

Do the Form 144 entries state who received the sale proceeds?

No. The provided lines show gross proceeds amounts ($166,250 and $183,750) but do not specify payee recipients or how proceeds were used. Cash‑flow treatment is not disclosed in the excerpt.

Does this Form 144 create immediate dilution for PFGC shareholders?

This notice documents resale activity by an existing holder; it does not create new shares. The excerpt does not include outstanding share counts, so dilution impact cannot be assessed from the visible lines.