Form 4: Performance Food Group Co: Director George L. Holm Executes Option and Sells Shares
SEC Form 4 Filing
Director George L. Holm exercised options and sold shares of Performance Food Group Co. on May 1, 2025, according to a Form 4 filing.
Summary
- On May 1, 2025, George L. Holm, a director and officer of Performance Food Group Co., exercised options to acquire 35,436 shares of common stock at a price of $19 per share.
- Following the exercise of the options, Holm sold 3,783 shares at a weighted average price of $80.98, with prices ranging from $80.23 to $81.21.
- Additionally, Holm sold 31,653 shares at a weighted average price of $81.52, with prices ranging from $81.23 to $81.86.
- After these transactions, Holm directly owns 1,560,066 shares of Performance Food Group Co. common stock and 141,743 options.
- The sale was executed pursuant to a Rule 10b5-1 trading plan established on August 29, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports transactions executed under a pre-existing trading plan. There is no indication of positive or negative implications for the company.
Industry Context
Insider transactions are common, and the use of a 10b5-1 trading plan suggests the sales were pre-planned and not based on current market information. It is important to monitor insider activity in conjunction with overall company performance and industry trends.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-planned nature of the sales mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of establishment of Rule 10b5-1 trading plan |
| 05/01/2025 | Date of transaction: Exercise of options and sale of shares |
| 05/02/2025 | Date of signature on the Form 4 filing |
| 09/30/2025 | Expiration date of options |
Keywords
Form 4, Performance Food Group Co, PFGC, insider trading, stock sale, stock options, Rule 10b5-1, George L. Holm, director, officer
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