Form 4: Robert Sumas Sells Village Super Market Inc. Shares
SEC Form 4
Robert Sumas, a director and member of a 10% owner group of Village Super Market Inc., sold a total of 1,000 shares of Class A Common Stock in two transactions on April 10 and April 11, 2025.
Summary
- Robert Sumas, a director of Village Super Market Inc., sold 600 shares of Class A Common Stock on April 10, 2025, at a weighted average price of $36.272 per share.
- On April 11, 2025, Sumas sold an additional 400 shares of Class A Common Stock at a weighted average price of $35.949 per share.
- Following these transactions, Sumas directly owns 92,131 shares of Class A Common Stock.
- Sumas also indirectly owns 504 shares through the Robert Sumas Family LLC, where he and Nicholas Sumas are managers.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of stock sales by an insider. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the actions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 04/10/2025 | Robert Sumas sold 600 shares of Class A Common Stock at a weighted average price of $36.272 per share. |
| 04/11/2025 | Robert Sumas sold 400 shares of Class A Common Stock at a weighted average price of $35.949 per share. |
| 04/14/2025 | Date of signature for the Form 4 filing. |
Keywords
VLGEA, Village Super Market Inc., Robert Sumas, share sale, Form 4, insider trading, Class A Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.