Performance Food (NYSE: PFGC) CEO uses 711 shares for exercise/tax, holds 178K
Rhea-AI Filing Summary
Performance Food Group Co executive Scott E. McPherson, President and CEO, reported a Form 4 transaction involving company common stock. On 2026-08-15, 711 shares of common stock were disposed of at $107.25 per share as a payment of exercise price or tax liability by delivering or withholding securities, rather than as an open-market sale. Following this transaction, McPherson reported 178,435 shares of Performance Food Group common stock held directly. The Rule 10b5-1 checkbox was not marked as a trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 711 shares
Net Sell
1 txn
Insider
McPherson Scott E
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 711 | $107.25 | $76K |
Holdings After Transaction:
Common Stock — 178,435 shares (Direct)
Key Figures
Shares disposed: 711 shares
Per-share value: $107.25 per share
Shares owned after transaction: 178,435 shares
+1 more
4 metrics
Shares disposed
711 shares
Common Stock delivered or withheld for exercise price or tax liability on 2026-08-15
Per-share value
$107.25 per share
Value applied to the 711-share exercise-price-or-tax-liability disposition
Shares owned after transaction
178,435 shares
Directly held common stock following the 2026-08-15 transaction
Exercise-price-or-tax-liability shares
711 shares
Count reported in exercisePriceOrTaxLiabilityShares in transaction summary
Key Terms
Payment of exercise price or tax liability, Rule 10b5-1, Common Stock
3 terms
Payment of exercise price or tax liability financial
"represents payment of exercise price or tax liability by delivering or withholding securities"
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox was not marked as a trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Common Stock financial
"reported a Form 4 transaction involving company common stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did PFGC executive Scott E. McPherson report on this Form 4?
Scott E. McPherson reported the disposition of 711 shares of Performance Food Group common stock. The transaction was a payment of exercise price or tax liability by delivering or withholding shares, not a traditional open-market purchase or sale.
Was Scott E. McPherson’s PFGC Form 4 transaction under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked as a trading plan. This means the reported disposition of 711 shares for exercise price or tax liability was not affirmatively identified as occurring under a 10b5-1 plan.
What type of transaction code is shown on Scott E. McPherson’s PFGC Form 4?
The Form 4 uses transaction code “F”, which represents payment of exercise price or tax liability by delivering or withholding securities. It is categorized as a disposition of 711 shares rather than a standard open-market buy or sell.
AI-generated analysis. How Rhea-AI works. Not financial advice.