Publix Exec Chairman Randall T. Jones Acquires 295,111 Shares
$NONE · PUBLIX SUPER MARKETS INCResearch Summary
AI-generated summary of this SEC filing
Publix Exec Chairman Randall T. Jones Acquires 295,111 Shares
What Happened
Randall T. Jones, Executive Chairman of Publix Super Markets, reported simultaneous transactions on June 19, 2026: a disposition of 295,111.141 shares at $20.45 (proceeds listed as $6,035,023) and an acquisition of the same 295,111.141 shares at $20.45 (value $6,035,023). The filing shows the acquired shares were issued under the Publix Employee Stock Ownership Plan (ESOP) and the transactions are coded as "other" (J) rather than open-market trades.
Key Details
- Transaction date: 2026-06-19; filing date: 2026-06-22 (filed within required period).
- Price: $20.45 per share; quantity: 295,111.141 shares; each leg valued at $6,035,023.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 – acquisition under the Publix ESOP; transaction exempt under Rule 16b-3(c). F2 – SERP stock is economically equivalent to one share of common stock and becomes payable in common stock upon termination under the Supplemental Executive Retirement Plan.
- Transaction code J = “other acquisition or disposition” (not a standard open-market purchase or sale).
Context
Paired dispositions and acquisitions like this often reflect plan-related reclassifications or transfers (ESOP or SERP-related) rather than a market buy/sell expressing sentiment. The ESOP acquisition is exempt from short-swing profit rules under Rule 16b-3(c). For retail investors, note this is an insider plan transaction and not necessarily an indicator of a change in the insider’s view of the company’s stock.