Performance Food Group insider grants, sale, and restricted‑stock vesting reported
Rhea-AI Filing Summary
Performance Food Group Co. insider transactions by A. Brent King. The filing reports three transactions on 08/19/2025: a performance-based restricted stock vesting of 16,642 shares (granted under the 2015 Omnibus Incentive Plan) that vested at $0 per share after certification of relative total shareholder return for the July 3, 2022–June 28, 2025 performance period; a sale of 7,506 shares at $99.32; and a new restricted stock grant of 6,444 shares that vests in three equal annual installments beginning August 19, 2026.
Following these reported transactions, the filing shows beneficial ownership levels of 76,738, 69,232, and 75,676 shares respectively. The reporting person is listed as Executive Vice President, General Counsel and Corporate Secretary.
Positive
- None.
Negative
- None.
Insights
Routine insider compensation and an opportunistic sale; governance signals are neutral.
The filing documents a certified payout of performance-based restricted stock tied to relative total shareholder return, indicating the company met specified performance targets for the referenced period. The simultaneous sale of 7,506 shares at $99.32 appears to be a personal liquidity action rather than a change in governance stance. The grant that vests over three years suggests continued alignment of the officer with long-term incentives. Overall, these are standard executive compensation and selling activities with no governance red flags disclosed in this Form 4.
Insider realized proceeds from a partial sale while receiving vested and time‑vesting equity: informational, not transformative.
The officer received 16,642 vested performance shares and an additional 6,444 time‑vesting restricted shares, which increases future potential alignment with shareholders. The sale of 7,506 shares at a reported price of $99.32 is a realized disposition reducing immediate beneficial holdings from the interim post-vesting level. These transactions are material for share count and insider activity monitoring but do not by themselves indicate a change to company fundamentals.