Family trusts shift 125,000 SANFILIPPO (JBSS) shares in Form 4
Rhea-AI Filing Summary
SANFILIPPO JOHN B & SON INC director and 10% owner Lisa Sanfilippo reported a trust restructuring involving 125,000 Class A Common Stock shares. The shares were distributed for no consideration from the Sanfilippo Family GST Trust dated 5/10/17 into the Lisa A. Sanfilippo Family Trust dated 5/10/17, where she is trustee.
After this transfer, 259,968 shares are held indirectly in the 2017 family trust for her benefit. She also holds 4,232 shares directly, 50,172 shares indirectly in the Lisa A. Evon Irrevocable Trust dated 10/6/06, and 32,609 shares indirectly in the Lisa A. Sanfilippo Trust dated 11/04/91. The filing reflects an internal trust distribution rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Sanfilippo Lisa
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A - Common Stock | 125,000 | $0.00 | $0.00 |
| holding | Class A - Common Stock | -- | -- | -- |
| holding | Class A - Common Stock | -- | -- | -- |
| holding | Class A - Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A - Common Stock — 259,968 shares (Indirect, As Trustee of Lisa 2017 Trust);
Class A - Common Stock — 4,232 shares (Direct);
Class A - Common Stock — 50,172 shares (Indirect, As Trustee of Lisa 2006 Trust);
Class A - Common Stock — 32,609 shares (Indirect, As Trustee of Lisa 1991 Trust)
Footnotes (4)
- F1. Transfer represents a distribution from the Sanfilippo Family GST Trust Dtd 5/10/17 for no consideration. These shares are held indirectly in the Lisa A. Sanfilippo Family Trust Dtd 5/10/17. The shares reported are held in trust for the benefit of the reporting person.
- F2. These shares are owned directly by the reporting person.
- F3. These shares are held indirectly in the Lisa A. Evon Irrevocable Trust Dtd 10/6/06. The shares reported are held in trust for the benefit of the reporting person.
- F4. These shares are held indirectly in the Lisa A. Sanfilippo Trust Dtd 11/04/91. The shares reported are held in trust for the benefit of the reporting person.
Key Figures
Trust distribution: 125,000 shares
Indirect holdings, 2017 trust: 259,968 shares
Direct holdings: 4,232 shares
+3 more
6 metrics
Trust distribution
125,000 shares
Class A Common Stock moved between family trusts on 2026-04-06
Indirect holdings, 2017 trust
259,968 shares
Held in Lisa A. Sanfilippo Family Trust Dtd 5/10/17 after transfer
Direct holdings
4,232 shares
Owned directly by reporting person after 2026-04-06
Indirect holdings, 2006 trust
50,172 shares
Held in Lisa A. Evon Irrevocable Trust Dtd 10/6/06
Indirect holdings, 1991 trust
32,609 shares
Held in Lisa A. Sanfilippo Trust Dtd 11/04/91
Restructuring shares
125,000 shares
Classified as restructuringShares in transaction summary
Key Terms
Form 4, Class A - Common Stock, indirect ownership, Irrevocable Trust, +1 more
5 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Class A - Common Stock financial
""security_title": "Class A - Common Stock""
indirect ownership financial
""ownership_type": "indirect""
Irrevocable Trust financial
"Lisa A. Evon Irrevocable Trust Dtd 10/6/06"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Lisa Sanfilippo report at JBSS?
Lisa Sanfilippo reported an internal trust restructuring involving 125,000 Class A Common Stock shares. The shares were distributed for no consideration from the Sanfilippo Family GST Trust dated 5/10/17 into the Lisa A. Sanfilippo Family Trust dated 5/10/17, where she serves as trustee.
What does transaction code J mean in the JBSS Form 4 for Lisa Sanfilippo?
Transaction code J indicates “other acquisition or disposition.” In this Form 4, it represents a distribution of 125,000 shares from a family GST trust to a family trust where she is trustee, recorded at a price of $0.0000 per share, signifying no consideration exchanged.