SUMAS NICHOLAS JAMES 4

What Happened
Nicholas J. Sumas, a reported 10% owner of Village Super Market, disposed of 13,299 shares on 2026-03-17 at $42.79 per share, a total value of about $569,064. The transaction is reported as a payment of exercise price or tax liability (code F), meaning shares were surrendered/withheld to cover taxes or exercise costs rather than a voluntary open-market sale.

Key Details

• Transaction date: 2026-03-17; filing date: 2026-03-27 (filed 10 days after the transaction; later than the usual 2-business-day Form 4 deadline).
• Price: $42.79 per share; Shares disposed: 13,299; Total ≈ $569,064.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Securities are held directly by the Robert Sumas Family LLC; Robert and Nicholas Sumas are managers, and Nicholas, his wife and family trusts collectively own a majority interest in that LLC (indirect ownership).
• Transaction code F indicates tax withholding or payment related to an exercise/vesting event, not a market-driven sale.

Context
This was a withholding/disposition to satisfy tax or exercise obligations (common after option exercises or RSU vesting) and is typically viewed as administrative rather than a directional bet on the stock. As a 10% owner trading through a family LLC, the transaction reflects indirect, family-level holdings rather than routine executive open-market trading.