Performance Food Group (NYSE: PFGC) chair exercises options, sells 29,131 shares
Rhea-AI Filing Summary
Executive Chair George L. Holm of Performance Food Group exercised options for 29,131 shares of common stock at $26.57 per share, then sold the same number of shares in two tranches at weighted average prices of $114.50 and $115.20. These sales, executed in multiple trades within stated price ranges, were made under a Rule 10b5-1 trading plan established on February 19, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 29,131 shares ($2.56M approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
HOLM GEORGE L
Role
See Remarks
Sold
29,131 shs ($3.34M)
Approx. gross sale proceeds
$3.34M
Approx. exercise cost
$774K
Approx. pre-tax spread
$2.56M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options (Right to Buy) F4 | 29,131 | $0.00 | $0.00 |
| Exercise | Common Stock | 29,131 | $26.57 | $774K |
| Sale | Common Stock F1, F2 | 27,441 | $114.50 | $3.14M |
| Sale | Common Stock F1, F3 | 1,690 | $115.20 | $195K |
Holdings After Transaction:
Options (Right to Buy) — 0 shares (Direct);
Common Stock — 1,621,552 shares (Direct)
Footnotes (4)
- F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on February 19, 2026.
- F2. 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 $113.85 to $114.84. 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.
- F3. 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 $114.85 to $115.68. 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.
- F4. An option that is fully vested.
Key Figures
Options exercised: 29,131 shares
Exercise price: $26.57 per share
Shares sold at $114.50: 27,441 shares
+4 more
7 metrics
Options exercised
29,131 shares
Options (Right to Buy) into common stock on 2026-07-30
Exercise price
$26.57 per share
Exercise price for options converted into common stock
Shares sold at $114.50
27,441 shares
First tranche of common stock sales on 2026-07-30 at weighted average $114.50
Shares sold at $115.20
1,690 shares
Second tranche of common stock sales on 2026-07-30 at weighted average $115.20
Sale price range (first tranche)
$113.85–$114.84
Price range for trades included in the $114.50 weighted average
Sale price range (second tranche)
$114.85–$115.68
Price range for trades included in the $115.20 weighted average
Rule 10b5-1 plan date
February 19, 2026
Adoption date of trading plan governing the reported sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, Options (Right to Buy), derivative security
4 terms
Rule 10b5-1 trading plan regulatory
"The sale reported 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.
Options (Right to Buy) financial
"Security title disclosed as Options (Right to Buy)"
derivative security financial
"Transaction code description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Performance Food Group (PFGC) report for George L. Holm?
Executive Chair George L. Holm exercised options for 29,131 shares at $26.57 and then sold 29,131 shares of Performance Food Group common stock in two tranches at weighted average prices of $114.50 and $115.20.
What options did George L. Holm exercise in the latest PFGC Form 4 filing?
He exercised fully vested Options (Right to Buy) covering 29,131 shares of Performance Food Group common stock at an exercise price of $26.57 per share, resulting in the reported option position declining to 0 shares for that grant.