Sanfilippo James J 4

What Happened
James J. Sanfilippo, a 10% owner of John B. Sanfilippo & Son, Inc. (JBSS), reported a disposition of 500,000 shares on 2026-04-06. The shares were transferred at $0.00 (no consideration), resulting in a reported value of $0. The filing (Form 4) was submitted on 2026-04-08.

Key Details

• Transaction date: 2026-04-06; Filing date: 2026-04-08 (appears timely — within typical 2-business-day Form 4 window).
• Transaction type/code: Other acquisition/disposition (J) — recorded as a disposition for no consideration.
• Shares transferred: 500,000 shares at $0.00; reported total value $0.
• Beneficiaries: Per footnote, the transfer was a distribution from the Sanfilippo Family GST Trust (dated 5/10/17) to four family trusts — 125,000 shares each to the Jasper B., John E., Lisa A., and Jeffrey T. Sanfilippo Family Trusts. The reporting person is a Co-Trustee of the Sanfilippo Family GST Trust.
• Indirect holdings note (footnote): Some shares are held indirectly in the James J. Sanfilippo Family Trust dated 5/10/17 and are held in trust for the benefit of the reporting person.
• Shares owned after transaction: Not specified in the filing.

Context
This was a family trust distribution/transfer (not an open-market sale). Such transfers for no consideration (gifts or intra-family distributions) are common estate or estate-planning actions and do not necessarily signal the insider’s view on the company’s stock. As a 10% owner and co-trustee, this transaction reflects trust-level reallocation rather than typical executive buy/sell trading.