SUMAS JOHN JAMES 4

What Happened

• John J. Sumas, reported as a 10% owner of Village Super Market, reported a disposition of 13,298 shares on 2026-03-17. The shares were disposed at $42.79 per share for a total value of $569,021. The transaction is coded "F" (payment of exercise price or tax liability), meaning shares were surrendered/withheld to satisfy tax or option-exercise obligations rather than sold in an open-market trade.

Key Details

• Transaction date and price: 2026-03-17 — 13,298 shares @ $42.79 = $569,021.
• Transaction code: F — payment of exercise price or tax liability (shares surrendered/withheld).
• Shares owned after transaction: not disclosed in the filing excerpt.
• Filing date: 2026-03-27 (10 days after the transaction) — appears to be untimely relative to the typical 2-business-day Form 4 deadline.
• Footnote: Securities are held directly by various family trusts for the benefit of the children of James Sumas; the reporting person is sole trustee or co-trustee (F1).

Context

• Code F transactions are commonly administrative: shares are withheld or surrendered to cover taxes or the exercise price following an option exercise. This is generally not a directional market signal like an open-market sale by an executive. As a 10% owner, Sumas is a significant insider but this filing reflects a tax/settlement action tied to trusts rather than a discretionary sale.