SANFILIPPO JEFFREY T 4
Research Summary
AI-generated summary
JBSS CEO Jeffrey T. Sanfilippo Receives 125,000 Shares
What Happened
- Jeffrey T. Sanfilippo, CEO of Sanfilippo John B. & Son, Inc. (JBSS), was reported to have acquired 125,000 shares on 2026-04-06. The transaction is coded as an "other acquisition or disposition (J)" and shows a price of $0.00, indicating the shares were transferred for no consideration (total cash value listed = $0).
Key Details
- Transaction date: 2026-04-06; Form 4 filed: 2026-04-08 (filed two days after the transaction).
- Price per share: $0.00 (distribution for no consideration).
- Shares involved: 125,000 acquired.
- Shares owned after transaction: not specified in the provided excerpt.
- Footnotes of note:
- F1: The transfer is a distribution from the Sanfilippo Family GST Trust (dated 5/10/17); shares are held indirectly in the Jeffrey T. Sanfilippo Family Trust (5/10/17) and held in trust for the benefit of the reporting person.
- Other footnotes (F2–F4) indicate additional direct or indirect holdings in various Jeffrey T. Sanfilippo trusts.
- Filing timeliness: The Form 4 was filed promptly (two days after the reported transaction), so no late-filing flag is indicated.
Context
- This was a trust distribution (not an open-market purchase or option exercise). Transfers from family trusts or distributions for no consideration are typically estate/planning or internal family transfers and do not necessarily signal the insider's view of the company’s stock price.