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Performance Food Group insider reports vested awards and sale on 08/19/2025

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Insider transactions at Performance Food Group Company (PFGC) show that Craig Howard Hoskins, Executive Vice President and Chief Development Officer, reported three transactions on 08/19/2025. He received 41,603 shares from a performance-based restricted stock grant that vested after certification of relative total shareholder return goals for the July 3, 2022 to June 28, 2025 performance period. He disposed of 18,413 shares at $99.32 per share and received 5,035 restricted shares that vest on August 19, 2026. Following these changes he beneficially owns 164,723 shares directly.

Positive

  • Reported vesting of 41,603 performance-based restricted shares tied to certified relative total shareholder return goals, showing alignment of compensation with shareholder outcomes
  • Retains a meaningful direct ownership stake of 164,723 shares after transactions, indicating continued insider exposure to company performance
  • Received a time-vested restricted grant of 5,035 shares that vest on August 19, 2026, supporting retention incentives

Negative

  • Sale of 18,413 shares at $99.32 represents a material disposition on the reporting date and reduces insider shareholdings

Insights

TL;DR: Insider received vested performance shares, sold a portion at $99.32, and retains a substantial direct stake.

The filing documents vested performance-based restricted stock of 41,603 shares tied to relative total shareholder return for a three-year performance period and a separate restricted grant of 5,035 shares that vest in 2026. The sale of 18,413 shares at $99.32 reduces immediate holdings but the reporting person still holds 164,723 shares directly after the transactions. All actions are reported under Section 16 timing and executed or reported on 08/19/2025 with signature dated 08/20/2025.

TL;DR: Transactions are routine executive compensation vesting and a market sale; disclosures appear complete.

The report explains that performance-based awards vested upon certification by the Human Capital and Compensation Committee based on TSR performance metrics and separately records a restricted stock grant with a one-year deferral. The form includes roles and address information and an attorney-in-fact signature, indicating standard compliance with Section 16 reporting requirements. No derivative transactions or amendments are reported.

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).
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*
Hoskins Craig Howard

(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)
08/19/2025
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 08/19/2025 A(1) 41,603 A $0 178,101 D
Common Stock 08/19/2025 F 18,413 D $99.32 159,688 D
Common Stock 08/19/2025 A(2) 5,035 A $0 164,723 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. Represents a grant of performance-based restricted stock under the 2015 Omnibus Incentive Plan that vested on the date the Human Capital and Compensation Committee of the Company certified the achievement of the applicable performance targets based on the extent to which the applicable performance goals, which are based on relative total shareholder return, were attained for the performance period of July 3, 2022, to June 28, 2025.
2. Represents a grant of restricted stock that vests on August 19, 2026.
Remarks:
Executive Vice President and Chief Development Officer
/s/ A. Brent King, as Attorney-in-Fact 08/20/2025
** 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 activity did PFGC report on Form 4 for 08/19/2025?

Craig Howard Hoskins reported receipt of 41,603 vested performance-based restricted shares, sale of 18,413 shares at $99.32, and receipt of 5,035 restricted shares vesting on August 19, 2026.

How many PFGC shares does the reporting person beneficially own after these transactions?

The filing shows the reporting person beneficially owns 164,723 shares following the reported transactions.

What performance period governed the vested performance-based restricted stock?

The performance period was July 3, 2022 to June 28, 2025 and vesting was based on relative total shareholder return as certified by the Human Capital and Compensation Committee.

Was the Form 4 filed jointly or by a single reporting person?

The form was filed by one reporting person as indicated on the filing.

What is the reported title of the insider who filed this Form 4?

The filing identifies the reporting person as Executive Vice President and Chief Development Officer.
Performance Food Group Co

NYSE:PFGC

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PFGC Stock Data

14.18B
149.95M
2.06%
103.66%
3.12%
Food Distribution
Wholesale-groceries, General Line
Link
United States
RICHMOND