Performance Food Group Co insider activity shows the Chief Executive Officer, who is also a director, updating his direct holdings on January 1, 2026. He disposed of 522 shares of common stock at $89.92 per share and then received a grant of 7,785 shares of common stock at $0, described as restricted stock. Following these transactions, he directly owned 179,146 shares of common stock. The restricted stock grant is scheduled to vest in three equal annual installments beginning on January 1, 2027, spreading the vesting over three years.
Performance Food Group Company announced a planned leadership transition. George L. Holm will retire and resign as Chief Executive Officer effective January 1, 2026, and will become Executive Chair of the Board. The Board elected Scott E. McPherson, currently President and Chief Operating Officer, to serve as Chief Executive Officer and President and as a director starting the same date, with the Board size increasing from 13 to 14.
McPherson’s base salary will rise to $1 million per year, with a cash incentive target of 150% of salary for fiscal 2026 and an annual long-term equity incentive target of $6 million. He will also receive a $1,750,000 equity grant on January 1, 2026, 60% in performance shares tied to relative total shareholder return versus the Russell 1000 Index over three measurement periods and 40% in time-based restricted stock vesting in three equal installments beginning January 1, 2027. Holm’s salary as Executive Chair will be reduced to $600,000, with a cash incentive target equal to 100% of salary for the remainder of fiscal 2026.
Performance Food Group Company reported that it will no longer pursue a potential business combination with US Foods. The two companies mutually agreed to terminate their previously announced information sharing process, effectively ending discussions about combining their businesses.
The company disclosed this update in a current report and attached a press release as an exhibit. The announcement simply confirms that merger talks have stopped and that each company will continue operating separately.
Performance Food Group Company (PFGC) reported an insider equity grant involving director Scott D. Ferguson and affiliated investment entities. On 11/19/2025, Ferguson received 2,078 restricted stock units (RSUs) of PFGC common stock at a stated price of $0, reflecting an equity award rather than an open‑market purchase. These RSUs vest in full on the earlier of November 19, 2026 or the next regularly scheduled annual meeting of stockholders.
The filing is made jointly by Ferguson, Sachem Head Capital Management LP, Uncas GP LLC, and Sachem Head GP LLC, which are collectively described as the reporting persons. The RSUs are held by Ferguson for the benefit of Sachem Head under an arrangement between them. Separately from the RSU award, the reporting group indicates that 3,350,000 shares of PFGC common stock are owned by affiliated funds managed by Sachem Head, and the various entities may be deemed to beneficially own those shares, while disclaiming beneficial ownership except for any pecuniary interest.
Performance Food Group Company has filed an automatic shelf registration statement on Form S-3, allowing it to offer and sell shares of its common stock from time to time. Each future sale will be described in a separate prospectus supplement that will specify the terms of the particular offering and how the proceeds will be used.
The company is a major foodservice distributor, marketing and distributing more than 250,000 food and food-related products from 155 distribution centers to over 300,000 customer locations across North America. It employs approximately 43,000 people and serves restaurants, schools, hospitals, retailers, convenience stores and other food-away-from-home customers.
The common stock is listed on the New York Stock Exchange under the symbol “PFGC”. The filing also describes the company’s capital structure, anti-takeover provisions, dividend policy, and the various methods it may use to sell shares, including underwritten offerings, direct sales, and at-the-market transactions.
Performance Food Group Company (PFGC) reported a routine equity compensation transaction for one of its directors. On November 19, 2025, the director received 2,078 shares of common stock in the form of restricted stock units at a stated price of $0, reflecting a non-cash grant rather than an open-market purchase. Following this grant, the director beneficially owns 16,436 shares of PFGC common stock in direct ownership.
The restricted stock units will vest in full on the earlier of November 19, 2026 or the next regularly scheduled annual meeting of stockholders of Performance Food Group Company. This filing is a standard Form 4 disclosure required for insiders, documenting changes in the director’s equity holdings with the company.
Performance Food Group Co (PFGC) director reported an equity award on a Form 4. On 11/19/2025, the director received 3,143 shares of common stock in the form of deferred stock units at a price of $0 per share. After this grant, the director beneficially owns 38,621 shares directly.
The deferred stock units vest in full on the earlier of November 19, 2026 or the next regularly scheduled annual meeting of stockholders of Performance Food Group Company. The underlying shares will be issued to the director after their separation from service with the company.
Performance Food Group Company (PFGC) reported a routine equity compensation grant to one of its directors. On 11/19/2025, the director received 2,078 shares of common stock in the form of restricted stock units at a grant price of $0, reflecting a non-cash award. After this grant, the director beneficially owns 16,651 shares directly.
The restricted stock units vest in full on the earlier of November 19, 2026 or the next regularly scheduled annual meeting of stockholders of Performance Food Group Company. This filing is a standard Form 4 disclosure of insider equity compensation rather than a company-level financing or strategic transaction.
Performance Food Group Company (PFGC) reported an equity award to one of its directors. On November 19, 2025, the director acquired 2,078 shares of common stock in the form of restricted stock units at a stated price of $0, reflecting a compensatory grant rather than an open-market purchase. Following this grant, the director beneficially owned 14,435 shares of common stock in total.
The restricted stock units vest in full on the earlier of November 19, 2026 or the next regularly scheduled annual meeting of stockholders of Performance Food Group Company, aligning the director’s compensation with future service to the company.
Performance Food Group Co. (PFGC) reported a routine equity grant to a director. On 11/19/2025, the director received 2,078 shares of common stock in the form of restricted stock units at a price of $0. After this award, the director beneficially owned 4,251 shares held directly. The restricted stock units vest in full on the earlier of November 19, 2026 or the next regularly scheduled annual meeting of stockholders of Performance Food Group Company.