JBSS CEO Jeffrey T. Sanfilippo Receives 4,698-Share PSU Award

What Happened
Jeffrey T. Sanfilippo, CEO of John B. Sanfilippo & Son, Inc. (JBSS), was granted 4,698 performance stock units (PSUs) on 2026-08-18. The award is reported as an acquisition (transaction code A) at $0.00 per unit; these PSUs are contingent rights to receive one share per PSU upon vesting and are scheduled to vest on November 12, 2028. Based on the company’s performance vs. plan, 159% of the target PSUs were earned. The PSUs, once vested and subject to any conditions, are generally payable in an equivalent number of common shares on November 12, 2028.

Key Details

• Transaction date: 2026-08-18 (reported on Form 4 filed 2026-08-19). Price per unit: $0.00 (award).
• Amount: 4,698 PSUs earned (159% of target); each PSU = right to one share upon vesting.
• Vesting/payment: Scheduled to vest and be paid in shares on November 12, 2028, subject to conditions.
• Shares owned after transaction: Not specified in the excerpt provided; see the Form 4 for total beneficial ownership.
• Filing timeliness: Filing appears timely (transaction date 8/18; Form 4 filed 8/19).
• Transaction code: A = Award/Grant.

Context
This was an earned performance award, not an open-market purchase or sale. PSUs are contingent long-term compensation that convert to shares only if vesting conditions are met; they do not represent immediate market purchases or sales and therefore are not an immediate trading signal.