John B. Sanfilippo (JBSS) CFO Frank Pellegrino Receives Award

What Happened Frank S. Pellegrino, Chief Financial Officer & EVP, Finance and Administration of John B. Sanfilippo & Son, Inc. (JBSS), was granted 2,584 performance stock units (PSUs) on 2026-08-18. The PSUs were awarded at $0 per unit (no cash paid) because they reflect performance-based compensation. Based on the company’s performance vs. targets, Pellegrino earned 159% of the target PSUs. Each PSU is the contingent right to receive one share of common stock upon vesting; these PSUs are scheduled to vest and generally be paid in shares on November 12, 2028.

Key Details

• Transaction date: 2026-08-18; filing date: 2026-08-19 (timely filing).
• Transaction type/code: Award/Grant (A); quantity: 2,584 PSUs; price reported: $0.00.
• Footnote: PSUs were earned under the 2023 Omnibus Incentive Plan and vest (subject to conditions) on 11/12/2028; earned at 159% of target (see F1).
• Shares owned after transaction: Not specified in the provided filing.
• No 10b5-1 plan, tax withholding, or immediate sale reported in this filing.

Context PSUs are performance-based, long-term equity awards that convert to actual shares only if vesting conditions are met; they do not represent immediate cash value until converted to shares. This is a compensation award tied to company performance and scheduled future vesting — not an open-market purchase or sale.