[Form 4] SANFILIPPO JOHN B & SON INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sanfilippo James J
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A - Common Stock | 500,000 | $0.00 | -- |
| holding | Class A - Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A - Common Stock — 0 shares (Indirect, As Co-Trustee of Sanfilippo 2017 GST)
Footnotes (1)
- 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. 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.