SUMAS ROBERT 4
4 · VILLAGE SUPER MARKET INC · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Village Super Market (VLGEA) 10% Owner Robert Sumas Sells 13,409 Shares
What Happened
Robert Sumas, a 10% owner of Village Super Market, reported a disposal of 13,409 shares on March 17, 2026. The shares were reported at $42.79 each, totaling approximately $573,771. The transaction is coded "F" — a payment of exercise price or tax liability — indicating shares were surrendered to cover taxes or exercise-related costs rather than a routine open-market sale.
Key Details
- Transaction date: 2026-03-17; Filing date (Form 4): 2026-03-27 (appears late for a Section 16 report).
- Price per share: $42.79; Total value: ~$573,771.
- Shares involved: 13,409 shares were disposed (surrendered/withheld).
- Shares are held directly by the Robert Sumas Family LLC; the Reporting Person and Nicholas Sumas are managers (footnote F1).
- Filing timeliness: Report filed 10 days after the transaction date — later than the usual 2-business-day Form 4 deadline for Section 16 insiders.
Context
An "F" code typically means shares were used to satisfy tax withholding or to pay an exercise price (a cashless or net settlement), not necessarily an intentional market sale that signals confidence or lack thereof. Because these shares are held by a family LLC and the reporting person is a 10% owner, this is insider/entity-level reporting rather than routine executive compensation trading.
Insider Transaction Report
- Tax Payment
Class A Common Stock
2026-03-17$42.79/sh−13,409$573,771→ 72,160 total
- 504(indirect: See Footnote)
Class A Common Stock
[F1]
Footnotes (1)
- [F1]The securities are held directly by the Robert Sumas Family LLC, of which the Reporting Person and Nicholas Sumas are managers.