[Form 4] Performance Food Group Company Insider Trading Activity
Rhea-AI Filing Summary
Performance Food Group Company (PFGC) insider activity by Donald S. Bulmer: The report shows multiple transactions on 08/19/2025. Mr. Bulmer received 13,616 shares vesting under a performance-based restricted stock award tied to relative total shareholder return for the July 3, 2022–June 28, 2025 performance period, and 4,833 restricted shares that vest in three equal annual installments beginning August 19, 2026. He sold 4,920 shares at a weighted average price of $99.32 and sold additional lots of 1,244 and 184 shares at weighted average prices of $99.58 and $99.93 respectively, with the sales effected under a Rule 10b5-1 trading plan established February 28, 2025. Total beneficial holdings after transactions are reported as 62,874 shares.
Positive
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Negative
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Insights
TL;DR: Insider received performance shares and executed planned sales via a 10b5-1 plan, modestly reducing holdings while recognizing vested compensation.
The Form 4 discloses a vesting of performance-based restricted stock and a separate time-based restricted grant, reflecting compensation realization rather than open-market opportunistic trading. Sales totaling 6,348 shares were executed under an established Rule 10b5-1 plan at weighted average prices near $99.3–$99.9, reducing beneficial ownership from pre-transaction levels to 62,874 shares. This is a routine insider liquidity event consistent with pre-set trading instructions.
TL;DR: Transactions align with standard governance practices: performance award certification and programmed sales under a documented trading plan.
The filing explicitly states the Human Capital and Compensation Committee certified attainment of performance targets for the period ending June 28, 2025, triggering vesting of performance-based restricted stock. The reporting person is identified as Executive Vice President and Chief Information Officer. The use of a 10b5-1 plan established on February 28, 2025, and disclosure of weighted average sale prices and ranges are consistent with transparent insider reporting obligations.