PFGC insider Brent King sold 23,970 shares (24.0K) in 9 transactions on 2025-05-28/29 for $2,143,076.66 (avg $89.41)
Brent King executed 9 separate sales totaling 23,970 shares for $2,143,076.66, reducing his holdings by -28.2% from 84,922 to 60,952 shares. The sales occurred at prices ranging from $87.83 to $90.04 per share over two consecutive trading days, with a blended average of $89.41. The timing is notable given PFGC's recent momentum: the stock is up +11.0% over 30 days and +5.2% over 90 days, standing at $89.56 (only -1.5% from its 52-week high of $90.93). However, King's prior timing at this ticker has not favored prediction accuracy—his 2 prior PFGC sales on 2024-11-18 subsequently produced +1.6% and +2.1% 30-day returns, well short of capturing the run; neither was well-timed at the 90-day mark. The current P/E of 37.32 and market cap of $14.0B place valuation context around the decision, though fundamentals (revenue $15.3B, net income $58.3M, annual growth +1.8%) remain stable.