Form 4: PFGC Executive Sells Shares for Tax Withholding
Statement of Changes in Beneficial Ownership
A. Brent King, Executive Vice President, General Counsel and Secretary of Performance Food Group Co, reported the disposition of 1,085 shares for tax liability on August 22, 2025.
Summary
- A. Brent King, an Executive Vice President, General Counsel, and Secretary of Performance Food Group Co (PFGC), reported a transaction involving company common stock.
- On August 22, 2025, King disposed of 1,085 shares of PFGC common stock at a price of $101.91 per share.
- The transaction was identified by code 'F', indicating it was for the payment of tax liability by delivering or withholding securities incident to the receipt, exercise, or vesting of a security under an equity compensation plan.
- Following this transaction, A. Brent King directly beneficially owns 65,455 shares of Performance Food Group Co common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary sale for tax withholding purposes, which is a common occurrence for executives and does not indicate a change in management's view of the company's prospects or financial health. Therefore, the sentiment is neutral.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
This filing reports a routine insider transaction for tax withholding purposes, which is a common practice for executives receiving equity compensation. It does not provide information directly related to broader industry trends or competitive positioning.
Related Party Transactions
- The disposition of shares by A. Brent King, an executive officer, constitutes an insider transaction, which is a form of related party dealing.
Stakeholder Impact
- Shareholders: Minimal impact, as the transaction is a non-discretionary sale for tax purposes and does not reflect a change in investment sentiment by the executive.
- Employees, Customers, Suppliers, Creditors: No direct or material impact is expected from this routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 08/22/2025 | Date of transaction where 1,085 shares of common stock were disposed of for tax liability. |
| 08/25/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed by A. Brent King. |
Recommendation
holdThe reported transaction is a routine tax-related sale by an executive, which is a common occurrence and does not typically signal a change in the company's fundamentals or future prospects. It is not a discretionary sale that would warrant a change in investment recommendation.
Keywords
Performance Food Group Co, PFGC, A. Brent King, insider transaction, Form 4, stock disposition, tax withholding, executive compensation
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