JONES RANDALL T 4
4 · PUBLIX SUPER MARKETS INC · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Publix Executive Chairman Randall T. Jones Receives Award & Transfers Shares
What Happened
Randall T. Jones, Executive Chairman of Publix Super Markets, reported several transactions between Jan 7 and May 28, 2026. Key items: he was granted 13,114.276 derivative SERP shares valued at $257,696 (grant on 2026-03-02 at $19.65); he received two gifts totaling 2,861 shares (931 shares on 2026-01-07 at $20.40 = $18,992; 1,930 shares on 2026-02-18 at $20.40 = $39,372); and on 2026-05-28 the filing shows both a disposition and an acquisition of 12,187.435 shares at $20.45 each (each side reported at $249,233). Gifts and the SERP award are acquisitions; the May 28 paired disposal/acquisition appears to be an administrative transfer or reclassification (both sides reported).
Key Details
- Transaction dates and prices:
- 2026-01-07: Gift (G) — 931 sh @ $20.40 = $18,992 (F1: 401(k) SMART Plan)
- 2026-02-18: Gift (G) — 1,930 sh @ $20.40 = $39,372 (F2: Employee Stock Ownership Plan)
- 2026-03-02: Grant/Award (A, derivative) — 13,114.276 sh @ $19.65 = $257,696 (F3: SERP stock — derivative)
- 2026-05-28: Other (J) — 12,187.435 sh disposed @ $20.45 = $249,233
- 2026-05-28: Other (J) — 12,187.435 sh acquired @ $20.45 = $249,233
- Shares owned after transaction: Not disclosed in the provided filing.
- Notable footnotes:
- F1: Acquisition via Publix 401(k) SMART Plan (exempt under Rule 16b-3(c)).
- F2: Acquisition via Publix ESOP (exempt under Rule 16b-3(c)).
- F3: SERP stock is the economic equivalent of common stock and converts to common shares upon termination per the Supplemental Executive Retirement Plan.
- Filing timeliness: Form filed 2026-06-01 covering transactions from Jan–May 2026; Form 4s are normally due within 2 business days of a transaction, so this filing appears to cover earlier activity and may be late.
Context
- Gifts do not necessarily indicate insider sentiment about the stock — they are often plan-based transfers or personal gifts.
- The 13,114.276-share item is a derivative SERP award (economic equivalent of common shares) that becomes payable in common stock upon the reporting person’s termination, per footnote F3.
- The paired disposal and acquisition on 2026-05-28 likely reflect an internal transfer, reclassification, or plan movement rather than an open‑market sale; the filing shows both sides at the same price and value.
Insider Transaction Report
- Gift
Common Stock
2026-01-07$20.40/sh+931$18,992→ 84,617.265 total - Gift
Common Stock
2026-02-18$20.40/sh+1,930$39,372→ 86,547.265 total - Other
Common Stock
[F1]2026-05-28$20.45/sh−12,187.435$249,233→ 0 total(indirect: By 401(k)) - Other
Common Stock
2026-05-28$20.45/sh+12,187.435$249,233→ 98,734.7 total - Award
SERP Stock
[F3]2026-03-02$19.65/sh+13,114.276$257,696→ 209,349.816 total(indirect: By SERP)→ Common Stock (13,114.276 underlying)
- 295,100.809(indirect: By ESOP)
Common Stock
[F2] - 39,621(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Acquired under the Publix Super Markets, Inc. 401(k) SMART Plan. Transaction exempt under rule 16b -3(c).
- [F2]Acquired under the Publix Super Markets, Inc. Employee Stock Ownership Plan. Transaction exempt under rule 16b-3(c).
- [F3]Each share of SERP stock is the economic equivalent of one share of common stock. The shares of SERP stock become payable in common stock upon the reporting person's termination of employment in accordance with the Publix Super Markets, Inc. Supplemental Executive Retirement Plan.