PFGC CFO Hugh Hatcher Withholds 1,531 Shares for Tax

What Happened

• Hugh Patrick Hatcher, Executive Vice President and Chief Financial Officer of Performance Food Group Co. (PFGC), had 1,531 shares disposed on Aug 22, 2026 to cover a tax liability. The shares were valued at $104.98 each, totaling approximately $160,724.
• This transaction is a tax withholding (code F) related to an equity award or option exercise rather than an open-market sale; such withholdings are routine and reduce the number of shares the insider receives.

Key Details

• Transaction date: 2026-08-22; Filed with the SEC: 2026-08-24.
• Price per share: $104.98; Total value withheld: ~$160,724.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Transaction code/remark: F = payment of exercise price or tax liability (tax withholding).
• Filing timeliness: Form filed Aug 24 reporting the Aug 22 transaction; no late-filing flag shown in the provided data.

Context

• Tax-withholding dispositions occur when a company withholds shares to satisfy income tax obligations from exercises or vesting. They are administrative and do not necessarily indicate the insider is selling shares for cash or expressing a view on the stock.
• For investors, outright purchases are typically considered stronger signals than routine withholdings; this filing appears to be routine tax-related withholding.