PFGC Form 4: A. Brent King sold 2,603 shares under 10b5-1 plan
Rhea-AI Filing Summary
Performance Food Group Company (PFGC) reporting person A. Brent King, who is Executive Vice President, General Counsel and Secretary, disclosed two open-market sales of common stock on 08/25/2025. The Form 4 reports a total of 2,603 shares sold in two transactions: 1,283 shares sold at a weighted price up to $101.86 (transaction code F) and 1,320 shares sold under a Rule 10b5-1 plan at a weighted average price of $101.66 (range $101.50–$101.86). After these sales the reporting person beneficially owned 62,852 shares.
The filing states the Rule 10b5-1 plan was established on February 26, 2025 and the reporting person offers to provide details on per-price share counts within the disclosed range upon request. The Form 4 is signed by A. Brent King on 08/26/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sold 2,603 shares via open-market trades and a 10b5-1 plan; remaining beneficial ownership is 62,852 shares.
The reported transactions are routine insider sales with part executed under a pre-established Rule 10b5-1 plan dated February 26, 2025. The sales consist of 1,283 shares (code F) and 1,320 shares under the plan, with weighted average prices reported at $101.86 and $101.66 respectively. The filing discloses the price range ($101.50–$101.86) and offers to supply per-price share counts on request. From a compliance and disclosure perspective, the Form 4 meets Section 16 reporting requirements and documents the affirmative-defense plan.
TL;DR: Transactions appear procedurally compliant; a 10b5-1 plan was used for part of the sale.
The disclosure identifies the reporting person as an officer and director-level executive and specifies the use of a Rule 10b5-1 trading plan, which is standard for pre-authorized dispositions. The Form 4 includes the requisite footnote clarifying the plan establishment date and the weighted-average pricing details. No additional derivatives or related-party transactions are reported. Documentation appears complete for investor transparency regarding the insider sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,283 | $101.86 | $131K |
| Sale | Common Stock | 1,320 | $101.66 | $134K |
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 26, 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 $101.86. 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.