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Sanfilippo (NASDAQ: JBSS) controller earns 159% PSU award

(Neutral)
(Neutral)
Form Type
4

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.

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Insider Finn Michael J
Role VP, Corporate Controller
Type Security Shares Price Value
Grant/Award Common Stock F1 517 $0.00 $0.00
Holdings After Transaction: Common Stock — 6,775.99 shares (Direct)
Footnotes (1)
  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.
Shares acquired via PSUs 517 shares Common stock earned from Performance Stock Units on August 18, 2026
Post-transaction holdings 6,775.99 shares Total JBSS common shares directly held after the award
PSUs earned vs target 159% Percentage of target Performance Stock Units earned based on company performance
PSU vesting date November 12, 2028 Scheduled vesting and payment date for the earned PSUs, subject to conditions
Performance Stock Units financial
"These shares represent an award of Performance Stock Units ("PSUs") previously granted"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
2023 Omnibus Incentive Plan financial
"previously granted under the John B. Sanfilippo & Son, Inc. 2023 Omnibus Incentive Plan"
vesting financial
"Subject to certain conditions, these PSUs are scheduled to vest on November 12, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each PSU represents the contingent right to receive one share of the Company's common stock"

FAQ

What insider transaction did JBSS report for Michael J. Finn?

JBSS reported that Michael J. Finn acquired 517 shares of common stock via earned Performance Stock Units under the 2023 Omnibus Incentive Plan, reflecting compensation tied to performance criteria certified on August 18, 2026.

How were the Performance Stock Units for JBSS’s Michael J. Finn determined?

The Performance Stock Units were earned at 159% of the target PSUs based on the company’s performance against specified criteria, as certified by the Compensation and Human Resources Committee on August 18, 2026.

When do Michael J. Finn’s JBSS PSUs vest and pay out?

Subject to certain conditions, the PSUs are scheduled to vest on November 12, 2028 and, once vested, will generally be eligible to be paid in an equivalent number of JBSS common shares on the same date.

How many JBSS shares does Michael J. Finn hold after this Form 4 transaction?

After this transaction, Michael J. Finn directly holds 6,775.99 shares of JBSS common stock. This figure includes the effect of the 517-share award earned through Performance Stock Units.

Was the JBSS Form 4 transaction under a Rule 10b5-1 trading plan?

No. The filing indicates the Rule 10b5-1 checkbox is not affirmatively checked, and the transaction is described as a grant or award of shares earned from Performance Stock Units, not an open-market trade.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Finn Michael J

(Last)(First)(Middle)
1703 N. RANDALL ROAD

(Street)
ELGIN ILLINOIS 60123-7820

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SANFILIPPO JOHN B & SON INC [ JBSS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, Corporate Controller
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/18/2026A517(1)A$06,775.99D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
/S/Sean Valentine as Power of Attorney08/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)