SANFILIPPO JOHN B & SON INC Insider Trading Activity
SANFILIPPO JOHN B & SON INC director and major holder James J. Sanfilippo reported a restructuring of indirect holdings in Class A common stock through family trusts.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
SANFILIPPO JOHN B & SON INC director and major holder James J. Sanfilippo reported a restructuring of indirect holdings in Class A common stock through family trusts. As Co-Trustee of the Sanfilippo Family GST Trust dated 5/10/17, he oversaw the transfer of 500,000 Class A shares, distributed in blocks of 125,000 shares each to four separate family trusts for no consideration. Following this distribution, the GST trust no longer holds these shares. Separately, he continues to hold 247,846 Class A shares indirectly as Trustee of the James J. Sanfilippo Family Trust dated 5/10/17, which holds shares for his benefit.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A - Common Stock | 500,000 | $0.00 | $0.00 |
| Holding | Class A - Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Transfer represents a distribution from the Sanfilippo Family GST Trust Dtd 5/10/17 to the Jasper B. Sanfilippo Family Trust Dtd 5/10/17 (125,000 shares), John E. Sanfilippo Family Trust Dtd 5/10/17 (125,000 shares), Lisa A. Sanfilippo Family Trust Dtd 5/10/17 (125,000 shares), and Jeffrey T. Sanfilippo Family Trust Dtd 5/10/17 (125,000 shares) for no consideration. The reporting person is a Co-Trustee of the Sanfilippo Family GST Trust.
- F2. These shares are held indirectly in the James J. Sanfilippo Family Trust Dtd 5/10/17. The shares reported are held in trust for the benefit of the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.