Form 4: Performance Food Group Executive Hagerty Reports Stock Disposal
SEC Form 4 Filing
Patrick T. Hagerty, Executive Vice President and Chief Commercial Officer of Performance Food Group Co, reports the disposal of 3,234 shares of common stock to cover tax obligations.
Summary
- On January 2, 2025, Patrick T. Hagerty, an Executive Vice President and Chief Commercial Officer at Performance Food Group Co, disposed of 3,234 shares of common stock.
- The transaction was executed at a price of $84.05 per share.
- This disposal was likely to cover tax obligations related to vesting of stock awards.
- Following the transaction, Hagerty directly owns 143,753 shares of Performance Food Group Co.
- The transaction was reported on January 3, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock disposal for tax purposes, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of stock disposal transaction |
| 01/03/2025 | Date of Form 4 filing |
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