[SCHEDULE 13G/A] John B. Sanfilippo & SON SEC Filing

Rhea-AI Filing Summary

Thrivent Financial for Lutherans has filed Amendment No. 5 to its Schedule 13G disclosing current ownership in John B. Sanfilippo & Son Inc. (JBSS) as of 31 March 2025.

Key details:

• Total beneficial ownership: 964,671 common shares.
• Ownership percentage: 10.7 % of the 9,040,641 shares outstanding (per JBSS 10-Q filed 29 Jan 2025).
• Sole voting / dispositive power: 5,123 shares (held in the Thrivent Financial Defined Benefit Plan Trust).
• Shared voting / dispositive power: 959,548 shares held by registered investment companies advised by Thrivent and its wholly-owned subsidiary, Thrivent Asset Management.
• Purpose of amendment: Corrects previously misstated percentages caused by a system error in identifying total shares outstanding across equity classes.
• Thrivent certifies the stake is held in the ordinary course of business and not to influence control of JBSS.
• Crossing the 10 % threshold classifies Thrivent as a “10 % beneficial owner.” This may trigger additional Section 16 reporting obligations.

No new purchase data are provided; the change reflects data correction rather than incremental share accumulation.

Positive

• Institutional ownership clarity: Thrivent now publicly confirms a 10.7 % stake, underscoring long-term confidence in JBSS shares.

Negative

• Prior disclosure inaccuracy: Amendment highlights earlier misreported percentages, which may prompt investor questions about previous data reliability.

Insights

Equity Analyst

TL;DR: Thrivent corrects data, confirms a sizeable 10.7 % JBSS stake; signal of institutional confidence but no fresh capital influx.

The amended filing clarifies that Thrivent controls nearly one-tenth of JBSS, a meaningful block for a company with a <9 million share float. Although the disclosure does not represent new buying activity, confirmation of this level of ownership can strengthen market perception of JBSS’s shareholder base and improve liquidity. Because voting power is largely shared through advised funds, Thrivent’s influence on corporate actions remains limited. Overall impact is neutral to mildly positive: increased transparency supports governance, but the market should not expect immediate strategic changes or activist behavior.

Corporate Governance Specialist

TL;DR: Filing lifts Thrivent above 10 %, bringing insider-level obligations; correction improves compliance credibility.

By acknowledging a 10.7 % position, Thrivent becomes a statutory insider under Sections 13(d) and 16 of the Exchange Act. This elevates disclosure frequency (Forms 4, potential short-swing profit liabilities) and heightens scrutiny of any future trades. The amendment’s explicit correction of earlier miscalculations demonstrates remedial compliance after a system error. Because voting and dispositive power sit mostly with regulated investment companies, direct governance influence on JBSS remains diffuse. The event is impactful from a compliance standpoint but strategically neutral for the issuer.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

SANFILIPPO JOHN B & SON INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

800422107

(CUSIP Number)

03/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 800422107

1

Names of Reporting Persons

THRIVENT FINANCIAL FOR LUTHERANS

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

WISCONSIN

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 5,123.00
6	Shared Voting Power 959,548.00
7	Sole Dispositive Power 5,123.00
8	Shared Dispositive Power 959,548.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

964,671.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.7 %

12

Type of Reporting Person (See Instructions)

IA, IC

Comment for Type of Reporting Person: This Amendment corrects an error in the ownership percentages previously reported, caused by a system misidentification of total shares outstanding across all equity classes. The corrected figures herein reflect accurate ownership as of March 31, 2025. Item 5, Item 7 and Item 9 - Thrivent Financial for Lutherans disclaims beneficial ownership of the 5,123 shares held in the Thrivent Financial Defined Benefit Plan Trust. Item 6, Item 8 and Item 9 - Represents 258,871 shares held by registered investment companies for which Thrivent Financial for Lutherans serves as investment adviser, and 700,677 shares held by registered investment companies for which Thrivent Asset Management, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Thrivent Financial for Lutherans, serves as investment adviser. Item 11 - The percentage calculations used herein are based on the statement in the Company's Quarterly Report on Form 10-Q for the quarter ending December 26, 2024, as filed with the Securities and Exchange Commission on January 29, 2025, that there were 9,040,641 shares of John B Sanfilippo & Son Inc. Common Stock outstanding at January 23, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SANFILIPPO JOHN B & SON INC
(b)	Address of issuer's principal executive offices: 1703 N. RANDALL ROAD, 1703 N. RANDALL ROAD, ELGIN, ILLINOIS, 60123-7820.
Item 2.
(a)	Name of person filing: Thrivent Financial for Lutherans
(b)	Address or principal business office or, if none, residence: 901 Marquette Avenue, Suite 2500 Minneapolis, MN 55402
(c)	Citizenship: Thrivent Financial for Lutherans is a Wisconsin fraternal benefit society.
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 800422107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 964,671 Thrivent Financial for Lutherans disclaims beneficial ownership of the 5,123 shares held in the Thrivent Financial Defined Benefit Plan Trust. Represents 258,871 shares held by registered investment companies for which Thrivent Financial for Lutherans serves as investment adviser, and 700,677 shares held by registered investment companies for which Thrivent Asset Management, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Thrivent Financial for Lutherans, serves as investment adviser.
(b)	Percent of class: 10.670 The percentage calculations used herein are based on the statement in the Company's Quarterly Report on Form 10-Q for the quarter ending December 26, 2024, as filed with the Securities and Exchange Commission on January 29, 2025, that there were 9,040,641 shares of John B Sanfilippo & Son Inc. Common Stock outstanding at January 23, 2025.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 5,123 Thrivent Financial for Lutherans disclaims beneficial ownership of these shares held in the Thrivent Financial Defined Benefit Plan Trust.
	(ii) Shared power to vote or to direct the vote: 959,548 Represents 258,871 shares held by registered investment companies for which Thrivent Financial for Lutherans serves as investment adviser, and 700,677 shares held by registered investment companies for which Thrivent Asset Management, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Thrivent Financial for Lutherans, serves as investment adviser.
	(iii) Sole power to dispose or to direct the disposition of: 5,123 Thrivent Financial for Lutherans disclaims beneficial ownership of these shares held in the Thrivent Financial Defined Benefit Plan Trust.
	(iv) Shared power to dispose or to direct the disposition of: 959,548 Represents 258,871 shares held by registered investment companies for which Thrivent Financial for Lutherans serves as investment adviser, and 700,677 shares held by registered investment companies for which Thrivent Asset Management, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Thrivent Financial for Lutherans, serves as investment adviser.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

THRIVENT FINANCIAL FOR LUTHERANS

Signature:	/s/ David S. Royal
Name/Title:	Chief Financial Officer
Date:	07/14/2025

FAQ

How many JBSS shares does Thrivent Financial for Lutherans own?

Thrivent reports 964,671 common shares beneficially owned.

What percentage of JBSS does the 964,671-share stake represent?

It equals 10.7 % of the company’s outstanding common stock.

Why was Schedule 13G Amendment No.5 filed for JBSS?

To correct previously misstated ownership percentages caused by a system error in share-count identification.

Does Thrivent seek control of John B. Sanfilippo & Son Inc.?

No. The certification states the shares are held in the ordinary course of business, not to influence control.

How is voting power divided between sole and shared authority?

Thrivent has sole power over 5,123 shares and shared power over 959,548 shares.

What date are the ownership figures effective?

The data are effective as of 31 March 2025.