Performance Food Group (NYSE: PFGC) officer sells 3,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Performance Food Group Co officer Hugh Patrick Hatcher reported selling a total of 3,000 shares of common stock in open-market transactions on May 12, 2026. The sales occurred in three blocks: 1,500 shares at a weighted average price of $93.81, 1,300 shares at $95.16, and 200 shares at $95.97.
The filing notes these trades were executed under a pre-established Rule 10b5-1 trading plan that Hatcher adopted on February 10, 2026, indicating they were pre-planned rather than discretionary. Each reported price reflects a weighted average for multiple trades within stated intraday price ranges.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,000 shares ($283,617)
Net Sell
3 txns
Insider
Hatcher Hugh Patrick
Role
See Remarks
Sold
3,000 shs ($284K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,500 | $93.81 | $141K |
| Sale | Common Stock | 1,300 | $95.16 | $124K |
| Sale | Common Stock | 200 | $95.97 | $19K |
Holdings After Transaction:
Common Stock — 46,155 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 10, 2026. The price reported in Column 4 is a weighted average price of all shares sold. The shares were sold in multiple transactions at prices ranging in price from $93.46 to $94.41. 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. The price reported in Column 4 is a weighted average price of all shares sold. The shares were sold in multiple transactions at prices ranging in price from $94.71 to $95.47. 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. The price reported in Column 4 is a weighted average price of all shares sold. The shares were sold in multiple transactions at prices ranging in price from $95.91 to $96.03. 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
Total shares sold: 3,000 shares
Shares sold block 1: 1,500 shares at $93.81
Shares sold block 2: 1,300 shares at $95.16
+3 more
6 metrics
Total shares sold
3,000 shares
Aggregate open-market sales on May 12, 2026
Shares sold block 1
1,500 shares at $93.81
Common stock, weighted average price
Shares sold block 2
1,300 shares at $95.16
Common stock, weighted average price
Shares sold block 3
200 shares at $95.97
Common stock, weighted average price
Trade classification
3 open-market sales (code S)
All non-derivative common stock transactions
Trading plan adoption date
February 10, 2026
Rule 10b5-1 plan established by reporting person
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Common Stock
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..."
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.
Common Stock financial
"security_title: 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 did Hugh Patrick Hatcher report in the latest PFGC Form 4 filing?
Hugh Patrick Hatcher reported selling 3,000 shares of Performance Food Group Co common stock on May 12, 2026 in three open-market transactions, with weighted average prices between $93.81 and $95.97 as disclosed in the filing.
Was Hugh Patrick Hatcher’s PFGC stock sale made under a Rule 10b5-1 plan?
Yes. A footnote states the reported sale was executed under a Rule 10b5-1 trading plan established by Hugh Patrick Hatcher on February 10, 2026, indicating the transactions were pre-planned rather than timed at his sole discretion.
What type of transactions did Hugh Patrick Hatcher execute in PFGC stock?
All reported transactions were open-market sales of Performance Food Group Co common stock, coded as “S” for sale. The filing shows three non-derivative sales totaling 3,000 shares, with no option exercises, gifts, or tax-withholding entries reported.