Sanfilippo officer awarded 517 performance shares
SANFILIPPO JOHN B & SON INC (JBSS) reported that officer Michael J. Finn, VP, Corporate Controller, acquired 517 shares of common stock through the earning of Performance Stock Units under the 2023 Omnibus Incentive Plan.
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Rhea-AI Filing Summary
SANFILIPPO JOHN B & SON INC (JBSS) reported that officer Michael J. Finn, VP, Corporate Controller, acquired 517 shares of common stock through the earning of Performance Stock Units under the 2023 Omnibus Incentive Plan. The PSUs were earned at 159% of target based on certified performance and are scheduled to vest on November 12, 2028, after which they are generally eligible to be settled in an equivalent number of common shares. Following this award, Finn holds 6,775.99 shares of JBSS common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 517 | $0.00 | $0.00 |
Footnotes (1)
- F1. These shares represent an award of Performance Stock Units ("PSUs") previously granted under the John B. Sanfilippo & Son, Inc. 2023 Omnibus Incentive Plan that were earned by the Reporting Person upon the achievement of certain performance criteria, as certified by the Compensation and Human Resources Committee of the Company's Board of Directors on August 18, 2026. Based on the Company's performance against the criteria, 159% of the target PSUs were earned. Each PSU represents the contingent right to receive one share of the Company's common stock upon vesting. Subject to certain conditions, these PSUs are scheduled to vest on November 12, 2028. These PSUs, once vested, will generally be eligible to be paid in an equivalent number of shares of the Company's common stock on November 12, 2028.
Key Figures
Key Terms
Performance Stock Units financial
2023 Omnibus Incentive Plan financial
vesting financial
contingent right financial
FAQ
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What insider transaction did JBSS report for Michael J. Finn?
How were the Performance Stock Units for JBSS’s Michael J. Finn determined?
When do Michael J. Finn’s JBSS PSUs vest and pay out?
Was the JBSS Form 4 transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.