Form 4: PFG CFO Hugh Hatcher Executes Planned Stock Sale

Sentiment:

Statement of Changes in Beneficial Ownership


Performance Food Group CFO Hugh Hatcher sold 3,000 shares of common stock pursuant to a pre-established Rule 10b5-1 trading plan.

Summary

  • Hugh Hatcher, Executive Vice President and CFO of Performance Food Group, sold a total of 3,000 shares of common stock on May 12, 2026.
  • The sales were executed in three tranches at weighted average prices of $93.81, $95.16, and $95.97 per share.
  • Following these transactions, Hatcher retains beneficial ownership of 44,655 shares of Performance Food Group common stock.
  • The transactions were conducted under a Rule 10b5-1 trading plan adopted on February 10, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a standard executive financial management activity.

Positives

  • The sale was conducted under a pre-arranged Rule 10b5-1 plan, which is a standard mechanism for executives to sell stock without triggering insider trading concerns.

Negatives

  • The sale represents a reduction in the executive's direct equity stake in the company.

Risks

  • None identified; this is a routine disclosure of an executive's planned equity transaction.

Future Outlook

No forward-looking guidance or operational outlook was provided in this filing.

Management Comments

  • The reporting person confirms the sale was effected pursuant to a Rule 10b5-1 trading plan established on February 10, 2026.

Industry Context

StockSavvy.ai notes that executive stock sales under 10b5-1 plans are common practice among C-suite officers at large-cap companies like Performance Food Group and generally do not signal a change in corporate strategy or financial health.

Comparison to Industry Standards

  • The use of Rule 10b5-1 plans is the industry standard for executives to manage personal liquidity while maintaining compliance with SEC regulations.

Stakeholder Impact

  • Minimal impact on shareholders as the transaction was pre-planned and disclosed in accordance with SEC requirements.

Next Steps

  • No future actions or milestones were disclosed in this filing.

Key Dates

DateDescription
2026-02-10Date the Rule 10b5-1 trading plan was established.
2026-05-12Date of the reported stock sale transactions.
2026-05-13Date the Form 4 was signed and filed.

Keywords

Performance Food Group, PFGC, Insider Trading, Form 4, CFO, Stock Sale, Rule 10b5-1

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