Form 4: Sanfilippo Family Trust Distributes Shares of John B & Son Inc.

Sentiment:

SEC Form 4 Filing


The Sanfilippo Family 2017 Generation Skipping Trust distributed shares of John B & Son Inc. to other family trusts on February 20, 2025.

Summary

  • On February 20, 2025, the Sanfilippo Family 2017 Generation Skipping Trust distributed 110,430 shares of Class A Common Stock of Sanfilippo John B & Son Inc. to other family trusts.
  • The distribution was made to the Jasper B. Sanfilippo Family Trust (46,723 shares), the John E. Sanfilippo Family Trust (46,723 shares), the Lisa A. Sanfilippo Family Trust (12,121 shares), and the Jeffrey T. Sanfilippo Family Trust (4,863 shares).
  • The transfer was made for no consideration.
  • Following the transaction, the Sanfilippo Family 2017 Generation Skipping Trust directly owns 1,239,233 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral transaction involving an internal transfer of shares between family trusts, with no indication of positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider transactions and are required by the SEC to provide transparency into the trading activities of company insiders.

Related Party Transactions

  • The distribution of shares from the Sanfilippo Family 2017 Generation Skipping Trust to other Sanfilippo family trusts constitutes a related party transaction.

Stakeholder Impact

  • The distribution of shares is unlikely to have a significant impact on external stakeholders as it is an internal transfer within the Sanfilippo family trusts.

Key Dates

DateDescription
02/20/2025Date of the share distribution transaction.
02/24/2025Date of signature on the Form 4 filing.

Keywords

Sanfilippo John B & Son Inc, JBSS, Sanfilippo Family 2017 Generation Skipping Trust, share distribution, Class A Common Stock, beneficial ownership, Form 4

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