WEIS MARKETS INC·4

Jun 4, 2:19 PM ET

WEIS JONATHAN H 4

Research Summary

AI-generated summary

Updated

Weis Markets (WMK) 10% Owner Jonathan H. Weis Receives 1.35M Inherited Shares

What Happened

  • Jonathan H. Weis, listed as a 10% owner of Weis Markets, reported acquiring shares by will/inheritance. The filing shows three identical acquisitions dated 2026-06-01, each for 1,350,461 shares reported at $0.00 per share (acquisition code W). The three entries total 4,051,383 shares acquired (reported value $0 because these were inherited, not purchased).

Key Details

  • Transaction date(s): 2026-06-01
  • Transaction type/code: Acquisition by will/inheritance (W)
  • Shares reported: three entries of 1,350,461 shares each (total 4,051,383 shares)
  • Price/value: $0.00 per share — inherited shares are reported with no purchase price
  • Shares owned after transaction: Not disclosed in the provided summary (check the full Form 4 for post-transaction holdings)
  • Filing date/accession: Form filed 2026-06-04 (no late-filing flag indicated in the provided data)

Context

  • Inheritances and gifts do not reflect a buy/sell decision by the insider and generally should not be interpreted as a market sentiment signal. As a 10% owner, Jonathan H. Weis is a major shareholder; such transfers may affect ownership structure but are not the same as open-market purchases or sales. Check the full Form 4 filing for footnotes or details clarifying why the transaction appears in three entries and for the insider’s post-transaction beneficial ownership.