Performance Food (NYSE: PFGC) officer sells 5,641 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Performance Food Group Company officer A. Brent King reported open-market sales of company common stock. On June 1, 2026, he sold a total of 5,641 shares in two transactions, with reported weighted average prices of $96.73 and $96.58 per share. The footnotes note that the sales were made under a Rule 10b5-1 trading plan established on February 20, 2026, and that individual trades occurred within a price range of $95.70 to $96.67.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,641 shares ($545,108)
Net Sell
2 txns
Insider
KING A BRENT
Role
See Remarks
Sold
5,641 shs ($545K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,641 | $96.58 | $352K |
| Sale | Common Stock | 2,000 | $96.73 | $193K |
Holdings After Transaction:
Common Stock — 59,211 shares (Direct, null)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on February 20, 2026. The price reported in Column 4 is a weighted average price of all shares sold. The shares were sold in multiple transations at prices ranging in price from $95.70 to $96.67. The reporting person undertakes to provide to Performance Food Group Company, any security holder of Performance Food Group Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
First sale size: 2,000 shares
First sale price: $96.73 per share
Second sale size: 3,641 shares
+3 more
6 metrics
First sale size
2,000 shares
Common Stock sold on June 1, 2026
First sale price
$96.73 per share
Weighted average price for 2,000-share sale
Second sale size
3,641 shares
Common Stock sold on June 1, 2026
Second sale price
$96.58 per share
Weighted average price for 3,641-share sale
Total shares sold
5,641 shares
Net shares sold across both transactions
Trade price range
$95.70–$96.67
Range of individual trade prices within the reported sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on February 20, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price of all shares sold."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan..."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What prices were received in the latest PFGC insider stock sales?
The reported weighted average sale prices were $96.73 and $96.58 per share. Footnotes state the actual trades were executed in multiple transactions within a price range from $95.70 to $96.67 for the shares sold.
When did the recent PFGC insider stock sales by A. Brent King occur?
The reported open-market sales by A. Brent King occurred on June 1, 2026. Both transactions involved Performance Food Group common stock and were reported together on a Form 4 insider filing with detailed pricing information and explanatory footnotes.
Were the PFGC insider sales made under a Rule 10b5-1 trading plan?
Yes. A footnote explains that the sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on February 20, 2026, indicating the trades were pre-arranged under that plan.
What type of transactions did A. Brent King report for PFGC stock?
He reported two open-market sales of Performance Food Group common stock, each coded as an “S” transaction. These are non-derivative transactions, meaning they involved direct sales of common shares rather than options or other derivative securities.