PFGC EVP Erika T. Davis Withholds 659 Shares for Taxes

What Happened
Erika T. Davis, Executive Vice President and Chief Human Resources Officer of Performance Food Group Co. (PFGC), had 659 shares disposed to satisfy a tax liability related to equity compensation. The shares were valued at $107.25 each, totaling about $70,678. This disposition is a tax withholding (Form 4 code F), not an open-market sale.

Key Details

• Transaction date: 2026-08-15; filing date: 2026-08-17 (filed within the standard reporting window).
• Disposition: 659 shares withheld at $107.25 per share — total ~$70,678.
• Shares owned after transaction: Not specified in this filing.
• Footnote/transaction code: F — payment of exercise price or tax liability (tax withholding).
• This is a withholding to cover taxes on equity compensation, not necessarily a directional buy/sell decision.

Context
Code F transactions commonly occur when an executive exercises options or when restricted shares vest and the company withholds some shares to cover taxes. These are routine administrative transactions and generally do not signal a change in the insider’s view of the company’s prospects.