STOCK TITAN

[Form 4] Performance Food Group Company Insider Trading Activity

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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

  • None.

Negative

  • None.

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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bulmer Donald S.

(Last) (First) (Middle)
12500 WEST CREEK PARKWAY

(Street)
RICHMOND VA 23238

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Performance Food Group Co [ PFGC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
See Remarks
3. Date of Earliest Transaction (Month/Day/Year)
08/19/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/19/2025 A(1) 13,616 A $0 64,389 D
Common Stock 08/19/2025 F 4,920 D $99.32 59,469 D
Common Stock 08/19/2025 A(2) 4,833 A $0 64,302 D
Common Stock 08/19/2025 S(3) 1,244 D $99.58(4) 63,058 D
Common Stock 08/19/2025 S(3) 184 D $99.93(5) 62,874 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents a grant of performance-based restricted stock under the 2015 Omnibus Incentive Plan that vested on the date the Human Capital and Compensation Committee of the Company certified the achievement of the applicable performance targets based on the extent to which the applicable performance goals, which are based on relative total shareholder return, were attained for the performance period of July 3, 2022, to June 28, 2025.
2. Represents a grant of restricted stock that vests in three equal annual installments beginning on August 19, 2026.
3. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on February 28, 2025.
4. 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 $98.90 to $99.89. 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.
5. 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 $99.92 to $99.95. 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.
Remarks:
Executive Vice President and Chief Information Officer
/s/ A. Brent King, as Attorney-in-Fact 08/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Performance Food Group Co

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PFGC Stock Data

14.18B
149.95M
2.06%
103.66%
3.12%
Food Distribution
Wholesale-groceries, General Line
Link
United States
RICHMOND