Form 4: Sanfilippo Executive Reports Stock Transfers in Family Trusts

Jasper Brian Sanfilippo Jr., COO and President of John B. Sanfilippo & Son Inc., reports transfers of Class A Common Stock within family trusts.

Summary

• Jasper Brian Sanfilippo Jr., COO and President of John B. Sanfilippo & Son Inc., filed a Form 4 detailing changes in beneficial ownership of the company's Class A Common Stock.
• The reported transactions involve transfers of stock within various Sanfilippo family trusts.
• On February 20, 2025, 110,430 shares were transferred from the Sanfilippo Family GST Trust to other family trusts, including the Jasper B. Sanfilippo Family Trust, John E. Sanfilippo Family Trust, Lisa A. Sanfilippo Family Trust, and Jeffrey T. Sanfilippo Family Trust.
• Additionally, 46,723 shares were distributed from the Sanfilippo Family GST Trust to the Jasper B. Sanfilippo Family Trust.
• Following these transactions, Sanfilippo directly owns 11,856 shares and indirectly owns shares through several trusts, including the Sanfilippo 2017 GST (1,239,233 shares), Jasper 2017 Trust (46,723 shares), Jasper, Jr. 2006 Trust (55,701 shares), and Jasper, Jr. 1991 Trust (32,609 shares).

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The stock transfers within family trusts may have a minor impact on shareholders due to the change in ownership structure, but the overall impact is likely minimal.

Key Dates

Keywords

Form 4, beneficial ownership, stock transfer, family trust, Sanfilippo, JBSS