SANFILIPPO JASPER BRIAN JR 4
Research Summary
AI-generated summary
JBSS 10% Owner Jasper B. Sanfilippo Jr Transfers Shares
What Happened
Jasper B. Sanfilippo Jr., a 10% owner of Sanfilippo John B & Son, Inc. (JBSS), effected non‑cash transfers on 2026-02-25. The Form 4 reports a disposition of 489,233 shares at $0.00 and an acquisition of 72,847 shares at $0.00. Footnotes explain these were distributions from the Sanfilippo Family GST Trust dated 5/10/17 to several family trusts (including the Jasper B. Sanfilippo Family Trust) for no consideration. This was a reallocation among related family trusts, not an open‑market sale or purchase.
Key Details
- Transaction date: 2026-02-25; filing date: 2026-02-26 (timely).
- Disposed: 489,233 shares at $0.00 (no proceeds). Acquired: 72,847 shares at $0.00.
- F1 breakdown of the 489,233-share distribution: 72,847 shares to Jasper B. Sanfilippo Family Trust; 72,846 to John E. Sanfilippo Family Trust; 72,847 to Lisa A. Sanfilippo Family Trust; 197,846 to James J. Sanfilippo Family Trust; 72,847 to Jeffrey T. Sanfilippo Family Trust.
- F2–F5 notes: some shares are held indirectly in various family trusts (reported as held for the benefit of the reporting person); F3 notes certain shares are owned directly by Jasper B. Sanfilippo Jr.
- The filing shows transfers among related trusts (code J — other acquisition/disposition); no cash or market transaction occurred.
- The filing does not provide a consolidated "shares owned after transaction" total in the supplied details.
Context
These entries reflect estate/trust reallocation among family trusts and are not market purchases or sales—such transfers typically do not signal insider market sentiment. As a 10% owner and co‑trustee, the reporting person is reallocating holdings within family entities rather than transacting with third parties.