Form 4: Performance Food Group Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Scott E. McPherson, an executive at Performance Food Group Co, sold 661 shares of common stock on September 2, 2024, to cover tax obligations.
Summary
- On September 2, 2024, Scott E. McPherson, an Executive Vice President and Chief Field Operations Officer at Performance Food Group Co, disposed of 661 shares of common stock.
- The transaction was executed at a price of $74.64 per share.
- The sale was conducted to cover tax obligations.
- Following the transaction, McPherson directly owns 149,202 shares of Performance Food Group Co.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an executive's stock sale for tax purposes. It doesn't convey any particularly positive or negative sentiment about the company's prospects.
Industry Context
Executive stock sales are a common occurrence in publicly traded companies. They can be for various reasons, including diversification, covering tax obligations, or personal financial planning. The market typically views these sales in the context of the executive's overall holdings and the company's performance.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 09/02/2024 | Date of the stock sale transaction. |
| 09/03/2024 | Date of signature on the Form 4 filing. |
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