PFGC Form 4: Donald Bulmer disposes 2,371 shares; 10b5-1 plan disclosed

Rhea-AI Filing Summary

Performance Food Group Company insider Donald S. Bulmer reported sales of common stock under a pre-established trading plan. The report shows two dispositions on 08/25/2025: a sale of 1,019 shares at a weighted average price of $101.86 and a sale of 1,352 shares at a weighted average price of $101.66 (prices ranged $101.58 to $101.89). Following the transactions the reporting person beneficially owned 55,102 shares, down from 56,454 immediately after the first sale. The sale pursuant to a Rule 10b5-1 plan was disclosed and the filer offers to provide detailed per-trade pricing on request.

Positive

• Sales were executed under a pre-established Rule 10b5-1 trading plan, which supports compliance with insider trading rules
• Form 4 discloses a clear weighted-average price range and offers to provide per-trade pricing on request, indicating transparency
• Reporting person retained a majority of prior holdings, with beneficial ownership remaining at 55,102 shares after sales

Negative

• Insider dispositions reduced beneficial ownership from 56,454 to 55,102 shares
• Sales may be perceived negatively by some investors despite being under a 10b5-1 plan

Insights

Financial Analyst

TL;DR: Insider sold a modest number of shares under a 10b5-1 plan; transaction size appears immaterial to company market cap.

The two dispositions total 2,371 shares executed on 08/25/2025 at prices around $101.6–$101.9. The disclosure of a Rule 10b5-1 trading plan reduces the likelihood these were opportunistic sales tied to nonpublic information. From an investor-impact standpoint the reduction in beneficial ownership from 56,454 to 55,102 shares is small relative to typical public float metrics for a company of PFGC's size, suggesting limited market or governance implications. The report contains clear pricing range disclosure and an offer to provide per-trade detail, supporting transparency.

Corporate Governance Expert

TL;DR: Proper procedural disclosure observed; sales executed under an established plan and attested by attorney-in-fact.

The Form 4 identifies the reporting person as an officer (Executive Vice President and CIO) and indicates the trades were effected under a 10b5-1 plan established February 28, 2025, which is appropriate governance practice to mitigate insider-trading concerns. The signature by an attorney-in-fact is provided. No indications of related-party transactions, exceptions, or unusual derivative activity appear in this filing. Given the modest volume sold, there is no evident governance red flag in the filing itself.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bulmer Donald S.

(Last) (First) (Middle)

12500 WEST CREEK PARKWAY

(Street)

RICHMOND VA 23238

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Performance Food Group Co [ PFGC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/25/2025		F		1,019	D	$101.86	56,454	D
Common Stock	08/25/2025		S(1)		1,352	D	$101.66(2)	55,102	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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 28, 2025.

2. 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 $101.58 to $101.89. 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.

Remarks:

Executive Vice President and Chief Information Officer

	/s/ A. Brent King, as Attorney-in-Fact	08/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did PFGC insider Donald S. Bulmer sell according to the Form 4?

The Form 4 reports two dispositions totaling 2,371 common shares sold on 08/25/2025.

At what prices were the PFGC shares sold by the insider?

The weighted average prices reported were $101.86 and $101.66, with individual trade prices ranging from $101.58 to $101.89.

Was the sale executed under a trading plan for PFGC insider trades?

Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan established February 28, 2025.

How many PFGC shares did the reporting person own after the reported transactions?

After the transactions the reporting person beneficially owned 55,102 shares.

Who signed the Form 4 for Donald S. Bulmer?

The Form 4 was signed by A. Brent King, as Attorney-in-Fact on behalf of the reporting person.