Form 4: Performance Food Group Co: Officer Hoskins Sells Shares Under 10b5-1 Plan

Sentiment:

SEC Form 4 Filing


Craig Howard Hoskins, President and COO of Performance Food Group Co, sold shares of common stock on December 20, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

  • Craig Howard Hoskins, an officer of Performance Food Group Co, sold shares of the company's common stock on December 20, 2024.
  • The sales were executed under a Rule 10b5-1 trading plan established on August 21, 2024.
  • A total of 15,687 shares were sold at a weighted average price of $84.46, with individual prices ranging from $83.91 to $84.90.
  • An additional 4,809 shares were sold at a weighted average price of $85.06, with individual prices ranging from $84.91 to $85.30.
  • Following the transactions, Hoskins directly owns 172,372 shares of Performance Food Group Co common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an officer's stock sales under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

  • The stock sale by an officer could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

DateDescription
08/21/2024Date the Rule 10b5-1 trading plan was established.
12/20/2024Date of the reported stock sales.
12/23/2024Date of the Form 4 filing.

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