Performance Food Group (PFGC) CEO granted stock; 6,013 shares withheld for taxes
Rhea-AI Filing Summary
Performance Food Group Co (PFGC) reported insider equity activity by President and Chief Executive Officer Scott E. McPherson. On August 18, 2026 he received 13,766 performance-based restricted shares tied to relative total shareholder return and 22,958 time-based restricted shares. On August 18–19, a total of 6,013 shares were withheld to cover exercise price or tax liabilities.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 30,711 shares
Net Buy
4 txns
Insider
McPherson Scott E
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,321 | $103.34 | $137K |
| Grant/Award | Common Stock F1 | 13,766 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,692 | $104.54 | $491K |
| Grant/Award | Common Stock F2 | 22,958 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 209,146 shares (Direct)
Footnotes (2)
- F1. Represents a grant of performance-based restricted stock under the 2015 Omnibus Incentive Plan that vested on the date the Human Capital and Compensation Committee of the Company certified the achievement of the applicable performance targets based on the extent to which the applicable performance goals, which are based on relative total shareholder return, were attained for the performance period of July 2, 2023, to June 27, 2026.
- F2. Represents a grant of restricted stock that vests in three equal annual installments beginning on August 18, 2027.
Key Figures
Performance-based restricted stock grant: 13,766 shares
Time-based restricted stock grant: 22,958 shares
Shares withheld for tax or exercise price: 6,013 shares
+4 more
7 metrics
Performance-based restricted stock grant
13,766 shares
Grant under 2015 Omnibus Incentive Plan tied to relative total shareholder return
Time-based restricted stock grant
22,958 shares
Restricted stock vesting in three equal annual installments beginning August 18, 2027
Shares withheld for tax or exercise price
6,013 shares
Code F transactions on August 18–19, 2026 for payment of exercise price or tax liability
Disposition price August 18, 2026
$104.54 per share
4,692 shares delivered or withheld for exercise price or tax liability
Disposition price August 19, 2026
$103.34 per share
1,321 shares delivered or withheld for exercise price or tax liability
Performance period for performance-based shares
July 2, 2023 to June 27, 2026
Period over which relative total shareholder return goals were measured
Vesting commencement for time-based grant
August 18, 2027
First of three equal annual vesting dates for 22,958 restricted shares
Key Terms
performance-based restricted stock, relative total shareholder return, 2015 Omnibus Incentive Plan, restricted stock
4 terms
performance-based restricted stock financial
"Represents a grant of performance-based restricted stock under the 2015 Omnibus Incentive Plan"
Shares granted to employees or executives that are held back and only become actual, tradable stock if the company meets predefined performance targets; until those goals are met the shares cannot be sold. Think of it like a bonus held in escrow that’s released only when specific results are achieved — investors watch these awards because they tie management pay to company outcomes, can dilute existing shareholders when released, and signal how confident or incentivized insiders are to meet growth or profitability goals.
2015 Omnibus Incentive Plan financial
"grant of performance-based restricted stock under the 2015 Omnibus Incentive Plan that vested"
restricted stock financial
"Represents a grant of restricted stock that vests in three equal annual installments"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
FAQ
What equity awards did PFGC CEO Scott E. McPherson receive in this Form 4 filing?
Scott E. McPherson received 13,766 performance-based restricted shares that vested upon certification of performance goals and 22,958 restricted shares that vest in three equal annual installments beginning August 18, 2027, all in the form of Common Stock of Performance Food Group Co (PFGC).
Are the PFGC equity awards to Scott E. McPherson performance-based?
Yes. The filing states that 13,766 shares are a grant of performance-based restricted stock under the 2015 Omnibus Incentive Plan, with vesting based on relative total shareholder return over a performance period from July 2, 2023 to June 27, 2026.
What is the vesting schedule for the time-based PFGC restricted stock grant?
The filing states that 22,958 shares of restricted stock granted to Scott E. McPherson vest in three equal annual installments, beginning on August 18, 2027. The shares are granted at a stated price of $0.00 per share in the Form 4 table.
Were the PFGC insider transactions under a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is shown as false, indicating the transactions reported for Scott E. McPherson were not affirmed as being made pursuant to a Rule 10b5-1 trading plan in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.