Performance Food Group (PFGC) CFO files Form 4: 1,531-Share Sale
Rhea-AI Filing Summary
Insider transaction: Hugh Patrick Hatcher, Executive Vice President and Chief Financial Officer of Performance Food Group Company (PFGC), reported a sale of 1,531 shares of the issuer's common stock on 08/22/2025 at a price of $101.91 per share. After the sale he beneficially owned 55,597 shares. The Form 4 was signed by an attorney-in-fact on 08/25/2025. The filing lists Hatcher's address in Richmond, VA.
Positive
- Reporting person retains substantial ownership of 55,597 shares after the sale, indicating ongoing alignment with shareholders
Negative
- Disposition of 1,531 shares was reported on 08/22/2025 at $101.91 per share, representing a reduction in insider holdings
Insights
TL;DR: A routine insider sale by the CFO reduces holdings modestly while leaving substantial remaining ownership.
The filing documents a direct sale of 1,531 common shares at $101.91, leaving the reporting person with 55,597 shares. The disclosure identifies the reporting person as Executive Vice President and Chief Financial Officer and was executed by an attorney-in-fact. This appears to be a single, routine disposition rather than a staggered or programmatic sale; no 10b5-1 plan box is checked in the provided text. The transaction size is small relative to remaining holdings, suggesting limited governance or control implications based solely on this filing.
TL;DR: The sale is a minor disposition by a senior executive and is unlikely to be materially market-moving.
The Form 4 reports a sale price of $101.91 for 1,531 shares on 08/22/2025, with 55,597 shares retained. Given the absolute size of retained holdings, the trade represents a modest reduction in exposure. The form does not show derivative transactions or additional disclosures that would indicate broader changes in compensation or ownership structure. From a market-impact perspective, this single-line disclosure is informational and not evidently material.