Performance Food Group insider sale notice: 1,308 shares via Morgan Stanley
Rhea-AI Filing Summary
Form 144 for Performance Food Group (PFGC) shows a proposed sale of 1,308 common shares to be executed through Morgan Stanley Smith Barney on 08/27/2025, with an aggregate market value of $132,068.76. The shares were acquired as RSA on 08/25/2025 and payment was recorded on the same date. The filing lists 156,519,106 shares outstanding for the issuer. The filer also disclosed four Rule 10b5-1 sales by Donald S. Bulmer in the past three months totaling 9,532 shares for $933,137.16 in gross proceeds. The notice includes the standard attestation that the seller is not aware of undisclosed material adverse information.
Positive
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Negative
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Insights
TL;DR: Routine insider sale filing; transaction size is immaterial relative to outstanding shares.
The Form 144 documents a proposed sale of 1,308 shares with an aggregate market value of $132,068.76, following an RSA granted on 08/25/2025. Recent 10b5-1 sales by the same person over the past three months totaled 9,532 shares for $933,137.16. Compared with the issuer's 156.5 million shares outstanding, these amounts represent a very small percentage of float, suggesting limited direct impact on company valuation or shareholder control. The filing is procedural and consistent with rule-compliant insider disposition.
TL;DR: Disclosure consistent with Rule 144 and 10b5-1 practices; includes required seller attestation.
The notice provides the required seller representations and identifies Morgan Stanley Smith Barney as the broker. The transaction stems from an RSA granted and settled on 08/25/2025, and the seller attests to lacking undisclosed material adverse information. The presence of multiple 10b5-1 sales in recent months indicates structured trading plans or instructions, which is common for insiders managing concentrated positions. From a governance perspective, the filing contains the standard attestations and procedural details expected in such disclosures.