SANFILIPPO JASPER BRIAN JR 4

What Happened

• Jasper Brian Sanfilippo Jr., a 10% owner of Sanfilippo John B & Son Inc. (JBSS), sold 7,212 shares in an open-market transaction on 2026-03-02 at $80.97 per share, netting about $583,954. The Form 4 filing (accession 0001193125-26-088775) notes the sale was made pursuant to a 10b5-1 plan. This was a disposition (sale), not a purchase.

Key Details

• Transaction date: 2026-03-02; Price: $80.97 per share; Shares sold: 7,212; Gross proceeds ≈ $583,954.
• Transaction type/code: Sale (S); executed as open-market or private sale per filing.
• Trade executed pursuant to a 10b5-1 trading plan (preplanned sale).
• Filing date: 2026-03-03 (timely relative to the 2026-03-02 transaction).
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• A 10% owner is a significant shareholder; however, trades made under a 10b5-1 plan are prearranged and may not reflect the insider’s current view of the company. Sales are often routine (tax planning or diversification) rather than a direct negative signal about company prospects.