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
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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.