Form 4: J&J Snack Foods Corp Executive Pollner Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Michael A. Pollner, SVP, General Counsel & Secretary of J&J Snack Foods Corp, reports disposing of 36 shares to cover tax obligations related to vesting service share units.
Summary
- On April 11, 2025, Michael A. Pollner, SVP, General Counsel & Secretary of J&J Snack Foods Corp, filed a Form 4.
- The form reports the disposal of 36 shares of common stock at a price of $132.4 per share to cover taxes.
- This disposal was related to the vesting of service share units granted on April 11, 2022, which vest in three equal installments.
- Following the transaction, Pollner beneficially owns 1,859 shares of J&J Snack Foods Corp.
- The shares withheld were to cover taxes associated with the vesting of the third tranche of 109 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/11/2022 | Date service share units were granted to the Reporting Person |
| 04/11/2025 | Date of transaction (share disposal) and filing of Form 4 |
Keywords
Form 4, J&J Snack Foods Corp, Michael A. Pollner, Share Disposal, Tax Obligations, Service Share Units, Beneficial Ownership
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