Performance Food Group CFO Reports 5,000-Share Sale via 10b5-1
Rhea-AI Filing Summary
Performance Food Group Company insider sale. Executive Vice President and Chief Financial Officer Hugh Patrick Hatcher sold 5,000 shares of PFGC common stock on 09/02/2025 under a pre-established Rule 10b5-1 trading plan. The reported weighted-average sale price was $105.07, with individual trade prices ranging from $105.00 to $105.21.
After the sale, the reporting person beneficially owns 47,655 shares, held directly. The sale was effected pursuant to a 10b5-1 plan established on February 7, 2025; the filer states they will provide details of the number of shares sold at each price upon request.
Positive
- Sale executed under an established Rule 10b5-1 plan, indicating the trades were pre-scheduled
- Reporting person offered to provide detailed per-price sale information upon request, enhancing transparency
Negative
- Insider disposition of 5,000 shares reduces executive's direct holdings from a higher level to 47,655 shares
Insights
TL;DR: CFO sold a small block of shares under a 10b5-1 plan; transaction appears routine and pre‑scheduled.
The Form 4 shows a disposition of 5,000 shares by the Executive VP & CFO on 09/02/2025 at a weighted-average price of $105.07, executed under a 10b5-1 plan established February 7, 2025. Post-transaction beneficial ownership is 47,655 shares held directly. This disclosure is straightforward and documents a planned sale rather than opportunistic trading; the filer offered to provide per-price sale breakdowns on request.
TL;DR: The filing documents compliance with Rule 10b5-1 and cleanly reports an insider sale; no governance red flags in the record.
The Form 4 includes the required explanatory footnotes noting the 10b5-1 plan and the weighted-average sale price range. Signature by an attorney-in-fact is provided. There are no indications of related-party transactions, option exercises, or derivative activity in this filing. Based solely on the contents, this is a routine Section 16 disclosure consistent with governance best practices for pre-arranged trading.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $105.07 | $525K |
Footnotes (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 7, 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 $105.00 to $105.21. 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.
