Form 4: Sanfilippo James J Reports Changes in Beneficial Ownership of John B Sanfilippo & Son Inc Stock

James J. Sanfilippo, a director and 10% owner of John B Sanfilippo & Son Inc, reports a transaction involving Class A Common Stock on February 20, 2025, due to a distribution from the Sanfilippo Family GST Trust.

Summary

• On February 20, 2025, James J. Sanfilippo, a director and 10% owner of John B Sanfilippo & Son Inc, reported a transaction.
• The transaction involved a distribution of 110,430 shares of Class A Common Stock from the Sanfilippo Family GST Trust.
• The shares were distributed to the Jasper B. Sanfilippo Family Trust (46,723 shares), John E. Sanfilippo Family Trust (46,723 shares), Lisa A. Sanfilippo Family Trust (12,121 shares), and Jeffrey T. Sanfilippo Family Trust (4,863 shares) for no consideration.
• Following the transaction, James J. Sanfilippo indirectly owns 1,239,233 shares as Co-Trustee of the Sanfilippo 2017 GST.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The distribution of shares among family trusts may have a minor impact on shareholders, but the overall ownership structure remains largely unchanged.

Key Dates

Keywords

beneficial ownership, Form 4, SANFILIPPO JOHN B & SON INC, JBSS, Class A Common Stock, Sanfilippo Family GST Trust, distribution, director, 10% owner