Performance Food Group (PFGC) EVP Bulmer Sells 4,348 Shares Via 10b5-1
Rhea-AI Filing Summary
Performance Food Group Company (PFGC) insider sale summary: Donald S. Bulmer, Executive Vice President and Chief Information Officer, reported sales of common stock on 08/20/2025 under a Rule 10b5-1 trading plan established February 28, 2025. The filing discloses two sets of dispositions: 2,700 shares sold at a weighted average price of $100.23 (individual trades ranged $99.74–$100.70) and 1,648 shares sold at a weighted average price of $100.99 (individual trades ranged $100.77–$101.14).
After these transactions the filing shows beneficial ownership of 60,174 shares following the first reported sale and 58,526 shares following the second, with ownership held directly. The Form 4 was signed by an attorney-in-fact on 08/21/2025.
Positive
- Sales were executed under a Rule 10b5-1 trading plan, indicating preauthorization and compliance with insider-trading defenses
- Filing provides weighted average prices and explicit price ranges and offers to disclose per-price allocation upon request, enhancing transparency
- Post-transaction beneficial ownership reported with direct ownership status clearly indicated
Negative
- None.
Insights
TL;DR: Routine, preplanned insider sales under a 10b5-1 plan; amounts are modest relative to typical company-wide holdings.
The transactions were executed pursuant to a Rule 10b5-1 plan, indicating they were preauthorized and intended to provide an affirmative defense to insider trading claims. The sizes disclosed—2,700 and 1,648 shares—are explicit and executed at weighted average prices of $100.23 and $100.99 respectively, with price ranges provided. The filing reports post-transaction direct beneficial holdings of 60,174 and 58,526 shares. For investors, these sales appear procedural rather than signaling a material change in executive ownership or control based solely on this Form 4.
TL;DR: Disclosure aligns with compliance norms; 10b5-1 plan and price ranges are properly reported.
The Form 4 clearly states the 10b5-1 plan inception date (02/28/2025) and provides weighted average prices with ranges and an undertaking to disclose per-share allocation on request, which supports transparency. The signature by an attorney-in-fact is noted. From a regulatory perspective, the filing contains the required detail for these sales and documents direct ownership changes; no indications of noncompliance are evident within the provided text.