STOCK TITAN

Performance Food Group (PFGC) EVP Davis reports 10b5-1 stock sales

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Erika T. Davis, Executive Vice President and Chief Human Resources Officer of Performance Food Group Company (PFGC), reported two sales of common stock on 08/25/2025. The Form 4 shows a disposition of 1,050 shares (Transaction Code F) at an average price of $101.86, reducing her holdings to 53,238 shares, and a disposition of 1,320 shares (Transaction Code S(1)) at a weighted average price of $101.64, reducing her holdings to 51,918 shares. The sale under the S(1) entry was effected pursuant to a Rule 10b5-1 trading plan established on February 27, 2025. No derivative securities were reported.

Positive

  • Disclosures include Rule 10b5-1 plan date (February 27, 2025), clarifying that some sales were pre-scheduled
  • Weighted-average prices disclosed and the filer offers to provide per-price breakdowns, supporting transparency
  • No derivative securities reported, indicating transactions were limited to straightforward equity disposals

Negative

  • Total insider holdings reduced by 2,370 shares (from 54,288 to 51,918 as reflected across entries)
  • Sales occurred at market prices, which could be viewed negatively by some investors interpreting officer selling

Insights

TL;DR: Routine insider stock sales totaling 2,370 shares under a 10b5-1 plan, disclosed with weighted-average pricing.

The reported transactions are disposals only and were partly executed under a pre-established Rule 10b5-1 plan, which typically indicates scheduled sales rather than opportunistic trades. The total shares sold equal 2,370 and the disclosed weighted-average prices are $101.86 and $101.64. Holdings declined from the pre-sale level to 51,918 shares after the reported trades. There are no derivatives or other complex instruments reported, and the filing includes an undertaking to provide price-level detail on request.

TL;DR: Proper Form 4 disclosure of officer sales with a documented 10b5-1 plan and attorney-in-fact signature.

The filing identifies Erika T. Davis as an officer and discloses two separate sale entries on the same date, one executed pursuant to a Rule 10b5-1 plan established February 27, 2025. The Form 4 is signed by an attorney-in-fact, which is consistent with authorized filing practices. The report contains an explicit offer to supply per-price breakdowns for the weighted-average sale, supporting transparency. No amendments or derivative positions are noted.

Insider DAVIS ERIKA T
Role See Remarks
Sold 1,320 shs ($134K)
Type Security Shares Price Value
Tax Withholding Common Stock 1,050 $101.86 $107K
Sale Common Stock 1,320 $101.64 $134K
Holdings After Transaction: Common Stock — 53,238 shares (Direct)
Footnotes (1)
  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 27, 2025. 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 $101.50 to $101.87. 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.
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*
DAVIS ERIKA T

(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 1,050 D $101.86 53,238 D
Common Stock 08/25/2025 S(1) 1,320 D $101.64(2) 51,918 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 27, 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 $101.50 to $101.87. 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 Human Resources 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 insider transactions were reported for PFGC?

Erika T. Davis reported two sales on 08/25/2025 totaling 2,370 shares at weighted-average prices of $101.86 and $101.64.

Were any sales executed under a Rule 10b5-1 plan for PFGC filings?

Yes. The Form 4 states the sale reported under the S(1) entry was effected pursuant to a Rule 10b5-1 trading plan established on February 27, 2025.

How many shares does Erika T. Davis own after the reported transactions?

Following the reported disposals, the filing shows she beneficially owned 51,918 shares.

Did the Form 4 report any derivative securities for PFGC?

No. Table II in the filing reports no derivative securities acquired, disposed of, or beneficially owned.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by A. Brent King, as Attorney-in-Fact, on 08/26/2025.