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Performance Food Group insider grant: 2,761 restricted shares to accounting chief

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

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.

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).
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*
Grosh Chasity D

(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) 2,761 D $0 8,878 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 restricted stock that vests in three equal annual installments beginning on August 19, 2026.
Remarks:
Senior Vice President and Chief Accounting 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.

FAQ

What did PFGC insider Chasity D. Grosh report on Form 4?

The filing reports a grant of 2,761 restricted shares acquired on 08/19/2025, with post-transaction beneficial ownership of 8,878 shares.

What are the vesting terms for the restricted stock awarded to the PFGC executive?

The restricted stock vests in three equal annual installments beginning on 08/19/2026.

Was there any cash paid for the shares reported on this PFGC Form 4?

No. The transaction is reported with a $0 price, indicating a restricted stock grant rather than a purchase.

What is Chasity D. Grosh's role at Performance Food Group (PFGC)?

The Form 4 lists the reporting person as Senior Vice President and Chief Accounting Officer.

Does the Form 4 show any derivative transactions or option exercises for PFGC?

No. Table II (derivative securities) contains no reported transactions in this filing.
Performance Food Group Co

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PFGC Stock Data

14.45B
149.67M
2.06%
103.66%
3.12%
Food Distribution
Wholesale-groceries, General Line
Link
United States
RICHMOND