PFGC Form 4: President/COO reports sale, retains 171,883 shares
Rhea-AI Filing Summary
Scott E. McPherson, President and Chief Operating Officer of Performance Food Group Co. (PFGC), reported a sale of 1,069 shares of the company's common stock on 09/02/2025 at a price of $105.18 per share. After the transaction he beneficially owned 171,883 shares. The Form 4 was signed by an attorney-in-fact on 09/03/2025.
Positive
- Retained substantial ownership: After the sale the reporting person still beneficially owns 171,883 shares, indicating ongoing alignment with shareholders.
Negative
- Insider sale reported: The officer disposed of 1,069 shares at $105.18 per share on 09/02/2025.
Insights
TL;DR: An officer sold a small portion of holdings while retaining a large stake, a routine insider transaction.
The filing documents an open-market sale of 1,069 shares by Scott E. McPherson, identified as President and COO and a director/officer of PFGC. The price reported is $105.18 per share and the post-sale beneficial ownership is 171,883 shares. This is a standard Section 16 disclosure; it shows continued material ownership by the officer while reporting a routine divestiture. No derivative transactions or additional material events are disclosed.
TL;DR: Transaction is disclosure-driven and appears non-material to company capital structure.
The reported sale does not indicate any new arrangements or changes to outstanding shares beyond the single non-derivative sale. The filing includes transaction code "F" (sale) and shows no exercise of options or derivative activity. From an investor-materiality standpoint this single sale, leaving 171,883 shares beneficially owned, is routine and neutral absent other context.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,069 | $105.18 | $112K |