JBSS VP Michael J. Finn Receives 517-Share PSU Award
$JBSS · SANFILIPPO JOHN B & SON INCResearch Summary
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JBSS VP Michael J. Finn Receives 517-Share PSU Award
What Happened Michael J. Finn, Vice President and Corporate Controller of John B. Sanfilippo & Son, Inc. (ticker: JBSS), was awarded 517 Performance Stock Units (PSUs) on August 18, 2026. The reported acquisition price is $0.00, so the immediate cash value shown in the filing is $0. These PSUs were earned based on company performance and are contingent rights to receive one share per PSU upon vesting — they are not currently tradable common stock.
Key Details
- Transaction date: 2026-08-18; Form filed: 2026-08-19 (timely).
- Transaction type/code: Award/Grant (A) of 517 PSUs at $0.00 (reported value $0).
- Performance: 159% of target PSUs were earned as certified by the Compensation & HR Committee.
- Plan: Granted under the John B. Sanfilippo & Son, Inc. 2023 Omnibus Incentive Plan.
- Vesting/payment: PSUs are scheduled to vest and, subject to conditions, be paid in shares on November 12, 2028.
- Shares owned after transaction: Not disclosed in this filing.
- No tax-withholding sale or open-market purchase reported in this filing.
Context PSUs are a form of performance-based compensation: they convert to company shares only if vesting conditions are met (time and performance). This award reflects earned compensation rather than an insider purchase or sale of existing shares, so it doesn't represent an immediate bullish or bearish trading signal.