Form 4: J&J Snack Foods Corp Executive Pollner Reports Share Transaction
SEC Form 4 Filing
Michael A. Pollner, SVP, General Counsel & Secretary of J&J Snack Foods Corp, reports a transaction involving the withholding of shares to cover taxes.
Summary
- On April 11, 2024, Michael A. Pollner, SVP, General Counsel & Secretary of J&J Snack Foods Corp, reported a transaction.
- 36 shares of common stock were withheld to cover taxes associated with the vesting of service share units.
- The price per share for the transaction was $135.02.
- Following the transaction, Pollner beneficially owns 1,142 shares of common stock directly.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations on vested shares; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine SEC Form 4 filing, which is standard practice when company insiders conduct transactions involving their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 04/11/2022 | 327 service share units were granted to the Reporting Person pursuant to a Service Share Unit Agreement which vests in three (3) equal installments on the first, second and third anniversaries of the grant date. |
| 04/11/2024 | Transaction date: 36 shares of common stock were withheld to cover taxes. |
| 04/12/2024 | Date of signature for the Form 4 filing. |
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