Performance Food Group insider grant: 2,761 restricted shares to accounting chief
Rhea-AI Filing Summary
Performance Food Group reporting person Chasity D. Grosh, identified as Senior Vice President and Chief Accounting Officer, was granted 2,761 shares of restricted common stock on 08/19/2025. The grant is reported as an acquisition (code A(1)) with a $0 price and vests in three equal annual installments beginning 08/19/2026. After the reported transaction Grosh beneficially owns 8,878 shares. The Form 4 was signed by an attorney-in-fact on 08/20/2025. No derivatives, option exercises, cash purchases, or other transactions are disclosed in this filing.
Positive
- None.
Negative
- None.
Insights
TL;DR: A standard restricted stock grant to align executive incentives with shareholders; vesting over three years limits immediate dilution.
The grant of 2,761 restricted shares to the company's Senior VP and Chief Accounting Officer appears to be a routine equity award intended for retention and alignment. Vesting in three equal annual installments beginning one year after grant is a common structure to promote multi-year retention. The reported acquisition price of $0 indicates these are restricted stock awards rather than a purchase. Given the reported post-transaction beneficial ownership of 8,878 shares, the absolute size of the award is small relative to typical public-company share counts and likely immaterial to capital structure.
TL;DR: Disclosure is timely and complete for a Form 4; transaction details and vesting schedule are clearly stated.
The filing clearly identifies the reporting person, role, transaction date, amount acquired, vesting schedule, and post-transaction ownership, satisfying Section 16 reporting requirements. The use of an attorney-in-fact signature is properly disclosed. There are no indications of pledges, dispositions, or related-party transactions in this Form 4. From a governance perspective, the award follows typical practices for senior officers and does not raise immediate red flags based on the information provided.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,761 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of restricted stock that vests in three equal annual installments beginning on August 19, 2026.
FAQ
What did PFGC insider Chasity D. Grosh report on Form 4?
What are the vesting terms for the restricted stock awarded to the PFGC executive?
What is Chasity D. Grosh's role at Performance Food Group (PFGC)?
Does the Form 4 show any derivative transactions or option exercises for PFGC?
AI-generated analysis. How Rhea-AI works. Not financial advice.