Sanfilippo CEO granted 4,698 performance share units
SANFILIPPO JOHN B & SON INC (JBSS) reported that Chief Executive Officer and director Jeffrey T. Sanfilippo acquired an award tied to 4,698 shares of common stock.
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Rhea-AI Filing Summary
SANFILIPPO JOHN B & SON INC (JBSS) reported that Chief Executive Officer and director Jeffrey T. Sanfilippo acquired an award tied to 4,698 shares of common stock. The award represents Performance Stock Units (PSUs) earned at 159% of the target level under the 2023 Omnibus Incentive Plan, based on performance certified on August 18, 2026. Each PSU represents a contingent right to receive one share upon vesting, and, subject to conditions, these PSUs are scheduled to vest and generally be paid in an equivalent number of common shares on November 12, 2028. Following this award, Sanfilippo is reported with 45,195 shares of common stock held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 4,698 | $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
contingent right financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did JBSS CEO Jeffrey T. Sanfilippo report on this Form 4?
How were the JBSS Performance Stock Units for Jeffrey T. Sanfilippo determined?
When do Jeffrey T. Sanfilippo’s JBSS Performance Stock Units vest and pay out?
What plan governs the JBSS Performance Stock Unit award to the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.