Performance Food Group Officer Disposes 9,136 Shares Via 10b5-1 Plan
Rhea-AI Filing Summary
Performance Food Group Company (PFGC) insider sale by A. Brent King. The reporting person, identified as Executive Vice President, General Counsel and Secretary, reported sales of common stock on 08/20/2025 executed under a Rule 10b5-1 trading plan established February 26, 2025. The report shows two sale entries: 5,644 shares sold at a weighted average price of $100.22 (aggregate execution prices ranged $99.67–$100.66) and 3,492 shares sold at a weighted average price of $100.99 (execution range $100.71–$101.27). Post-transaction beneficial ownership amounts are reported as 70,032 shares and 66,540 shares respectively. The filer certified the Form 4 with a manual signature dated 08/21/2025.
Positive
- None.
Negative
- Officer sale of 9,136 common shares executed on 08/20/2025, reducing beneficial ownership to reported post-sale amounts of 70,032 and 66,540 shares (two reported lines).
- Sale proceeds realized at weighted average prices of approximately $100.22 and $100.99, with execution price ranges disclosed up to $101.27.
Insights
TL;DR: An officer sold 9,136 PFGC shares under a pre-established 10b5-1 plan; sales occurred at ~$100–$101 per share.
The reported sale is orderly and executed under a Rule 10b5-1 plan established on February 26, 2025, which typically indicates pre-planned disposition rather than reactive insider trading. Total reported shares sold equal 9,136 across multiple executions on 08/20/2025 with weighted average prices of $100.22 and $100.99; execution price ranges are disclosed in footnotes. The filing provides post-sale beneficial ownership figures but does not disclose prior pre-sale holdings or the percentage of outstanding shares, limiting assessment of magnitude relative to overall insider stake.
TL;DR: Transaction complies with 10b5-1 plan disclosure; documentation and price ranges are provided for transparency.
The Form 4 indicates compliance with Rule 10b5-1, including the plan establishment date and weighted average prices with disclosed ranges. The reporting person signed the filing manually, meeting Form 4 formalities. The filing does not include any amendments or indications of special waivers; it is a routine insider sale disclosure. Material implications depend on stake size versus float, which is not provided in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,644 | $100.22 | $566K |
| Sale | Common Stock | 3,492 | $100.99 | $353K |
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on February 26, 2025. 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 $99.67 to $100.66. 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. 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 $100.71 to $101.27. 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.
