Form 4: Performance Food Group Executive Sells 10,000 Shares

A Performance Food Group executive, Patrick T. Hagerty, sold 10,000 shares of common stock at an average price of $85.12.

Summary

• Patrick T. Hagerty, an Executive Vice President and Chief Commercial Officer at Performance Food Group Co, sold 10,000 shares of common stock on November 8, 2024.
• The sale was executed at a weighted average price of $85.12 per share.
• The shares were sold in multiple transactions with prices ranging from $85.00 to $85.32.
• Following the transaction, Hagerty directly owns 152,987 shares of Performance Food Group Co.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, which is a common occurrence. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
• Similar filings are made by executives at companies like Sysco (SYY) and US Foods Holding Corp (USFD), which are direct competitors of Performance Food Group, when they trade their company's stock.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or financial health.

Key Dates

Keywords

Performance Food Group, PFGC, stock sale, insider trading, executive sale, common stock, Patrick T. Hagerty