Sanfilippo (NASDAQ: JBSS) SVP earns 159% PSU share award
Rhea-AI Filing Summary
SANFILIPPO JOHN B & SON INC (JBSS) reported that executive Julia A. Pronitcheva, SVP Human Resources, acquired 986 shares of common stock on August 18, 2026 via a grant/award. The award represents Performance Stock Units earned at 159% of target under the 2023 Omnibus Incentive Plan and is scheduled to vest on November 12, 2028, with settlement generally in an equivalent number of shares on that date. Following this award, she directly holds 10,936 shares.
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Insider Trade Summary
Net Buyer: 986 shares
Net Buy
1 txn
Insider
Pronitcheva Julia A
Role
SVP Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 986 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 10,936 shares (Direct)
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
Shares acquired in award: 986 shares
Direct holdings after transaction: 10,936 shares
PSUs earned vs target: 159% of target PSUs
+2 more
5 metrics
Shares acquired in award
986 shares
Common stock associated with PSUs earned on August 18, 2026
Direct holdings after transaction
10,936 shares
Total common stock directly held by Julia A. Pronitcheva after the award
PSUs earned vs target
159% of target PSUs
Performance Stock Units earned based on company performance against criteria
Vesting date
November 12, 2028
Scheduled vesting date for the PSUs, subject to certain conditions
Certification date
August 18, 2026
Date the Compensation and Human Resources Committee certified performance achievement
Key Terms
Performance Stock Units, 2023 Omnibus Incentive Plan, vest
3 terms
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"
vest financial
"Subject to certain conditions, these PSUs are scheduled to vest on November 12, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did JBSS report for Julia A. Pronitcheva on August 18, 2026?
Julia A. Pronitcheva received an award of 986 shares of SANFILIPPO JOHN B & SON INC common stock on August 18, 2026. The shares stem from Performance Stock Units (PSUs) earned under the 2023 Omnibus Incentive Plan, subject to future vesting.
How were the JBSS Performance Stock Units for Julia A. Pronitcheva determined?
The Performance Stock Units were earned at 159% of the target PSUs, based on company performance against specified criteria. The Compensation and Human Resources Committee certified achievement of these criteria on August 18, 2026, triggering the PSU earning.
When do Julia A. Pronitcheva’s JBSS Performance Stock Units vest and pay out?
Subject to certain conditions, the PSUs are scheduled to vest on November 12, 2028. Once vested, they will generally be paid in an equivalent number of JBSS common shares on the same date, November 12, 2028.
AI-generated analysis. How Rhea-AI works. Not financial advice.