Form 4: JBSS VP Controller Sells Shares for Tax Liability
Insider Transaction Report
Michael J. Finn, VP, Corporate Controller at John B. Sanfilippo & Son Inc., reported a disposition of 355 common shares to cover tax liabilities under a Rule 10b5-1 plan.
Summary
- Michael J. Finn, VP, Corporate Controller of John B. Sanfilippo & Son Inc. (JBSS), reported a transaction involving company common stock.
- On November 17, 2025, Finn disposed of 355 shares of common stock.
- The disposition occurred at a price of $68.07 per share.
- This transaction was coded as 'F', indicating shares were withheld or delivered to satisfy tax obligations related to a security award.
- The transaction was conducted under a Rule 10b5-1 pre-arranged trading plan.
- Following this transaction, Finn directly beneficially owns 6,258.99 shares of common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares to cover tax liabilities, often associated with the vesting of equity awards, and was conducted under a Rule 10b5-1 plan, indicating it was pre-scheduled and not based on new material non-public information.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Trading Plan Disclosure | The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). | 11/17/2025 | Indicates a pre-arranged trading plan, which generally reduces the perception of opportunistic insider trading and aligns with best practices for insider stock transactions. |
Stakeholder Impact
- Shareholders: The disposition of 355 shares by a VP, Corporate Controller for tax purposes is a routine event and is unlikely to have a significant impact on shareholder value or perception of company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 11/17/2025 | Transaction Date: Disposition of 355 common shares by Michael J. Finn. |
| 11/18/2025 | Filing Date of Form 4 with the SEC. |
Keywords
John B. Sanfilippo & Son Inc., JBSS, Michael J. Finn, insider trading, Form 4, stock disposition, tax liability, Rule 10b5-1, corporate controller
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