Form 4: Performance Food Group Officer Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Scott E. McPherson, President and COO of Performance Food Group Co, disposed of 389 shares of common stock on February 16, 2025, to cover tax obligations.
Summary
- On February 16, 2025, Scott E. McPherson, President and Chief Operating Officer of Performance Food Group Co [PFGC], disposed of 389 shares of common stock.
- The transaction was executed at a price of $87.09 per share.
- This disposition was to cover tax obligations.
- Following the transaction, McPherson directly owns 154,136 shares of Performance Food Group Co.
Sentiment
Score: 5
Explanation: The document is a standard Form 4 filing, indicating a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The sale of shares by an officer could have a minor impact on shareholder sentiment, but is unlikely to be significant given the small number of shares involved and the stated reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 02/16/2025 | Date of the transaction (stock sale) |
| 02/18/2025 | Date of signature on the Form 4 filing |
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