Hatcher Hugh Patrick 4
4 · Performance Food Group Co · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Performance Food Group (PFGC) CFO Hugh Hatcher Sells 3,000 Shares
What Happened
Hugh Patrick Hatcher, Executive Vice President and Chief Financial Officer of Performance Food Group Co (PFGC), sold a total of 3,000 shares in open-market/private transactions on May 12, 2026, generating approximately $283,617 in proceeds. The sales were: 1,500 shares at $93.81 ($140,715), 1,300 shares at $95.16 ($123,708), and 200 shares at $95.97 ($19,194). These were sales (not purchases) and were executed pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: May 12, 2026; Form 4 filed May 13, 2026 (appears timely).
- Lots and reported prices:
- 1,500 shares — $93.81 (weighted avg; actual prices ranged $93.46–$94.41) [F2] — $140,715
- 1,300 shares — $95.16 (weighted avg; actual prices ranged $94.71–$95.47) [F3] — $123,708
- 200 shares — $95.97 (weighted avg; actual prices ranged $95.91–$96.03) [F4] — $19,194
- Total shares sold: 3,000; total proceeds: ~$283,617.
- Shares owned after transaction: Not disclosed in the provided excerpt — see the full Form 4 for post-transaction beneficial ownership.
- Notable footnotes: sale effected under a Rule 10b5-1 trading plan established Feb 10, 2026 (F1); weighted-average prices reported with per-lot price ranges and offer to provide per-price breakdowns (F2–F4).
Context
A 10b5-1 plan allows insiders to sell pre-scheduled amounts regardless of short-term company news, so such sales are often routine (for diversification, liquidity, tax planning, etc.) and do not, by themselves, indicate management sentiment about the company's prospects. For retail investors, purchases by insiders generally carry more informational weight than routine, pre-planned sales.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-12$93.81/sh−1,500$140,715→ 46,155 total - Sale
Common Stock
[F1][F3]2026-05-12$95.16/sh−1,300$123,708→ 44,855 total - Sale
Common Stock
[F1][F4]2026-05-12$95.97/sh−200$19,194→ 44,655 total
Footnotes (4)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan established by the reporting person on February 10, 2026.
- [F2]The price reported in Column 4 is a weighted average price of all shares sold. The shares were sold in multiple transactions at prices ranging in price from $93.46 to $94.41. The reporting person undertakes to provide to Performance Food Group Company, any security holder of Performance Food Group Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The price reported in Column 4 is a weighted average price of all shares sold. The shares were sold in multiple transactions at prices ranging in price from $94.71 to $95.47. The reporting person undertakes to provide to Performance Food Group Company, any security holder of Performance Food Group Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price of all shares sold. The shares were sold in multiple transactions at prices ranging in price from $95.91 to $96.03. The reporting person undertakes to provide to Performance Food Group Company, any security holder of Performance Food Group Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.