Form 4: Performance Food Group Executive Hugh Patrick Hatcher Sells Shares Under 10b5-1 Plan

Hugh Patrick Hatcher, Executive Vice President and CFO of Performance Food Group Co, sold shares of common stock on May 12, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Hugh Patrick Hatcher, an executive at Performance Food Group Co, sold shares of the company's common stock on May 12, 2025.
• The sales were executed under a Rule 10b5-1 trading plan established on February 7, 2025.
• A total of 3,000 shares were sold in two separate transactions.
• The first transaction involved the sale of 2,534 shares at a weighted average price of $86.93, with prices ranging from $86.37 to $87.35.
• The second transaction involved the sale of 466 shares at a weighted average price of $87.52, with prices ranging from $87.39 to $87.58.
• Following the reported transactions, Hatcher directly owns 37,050 shares of Performance Food Group Co.
• The sales were reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an executive, which is a neutral event. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on any specific positive or negative information.

Industry Context

Executive stock sales are a common occurrence and are often part of pre-planned diversification strategies or to cover personal expenses. The use of a 10b5-1 plan suggests the sales were planned in advance to avoid any appearance of insider trading.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, Performance Food Group, PFGC, Hugh Patrick Hatcher, Executive Vice President, Chief Financial Officer, Stock Sale, Rule 10b5-1, Insider Trading