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.