JJSF EVP discloses stock unit vesting and tax-cover sales
Rhea-AI Filing Summary
J&J Snack Foods Corp. executive files Form 4 reporting stock transactions. The EVP of Operations reported several transactions in JJSF common stock on November 16 and 17, 2025. On November 16, shares were both withheld and sold to cover taxes tied to vesting of prior service and performance share unit awards, including 41 and 211 shares reported with a price of $83.09 per share. The same day, 865 shares were acquired at $0 pursuant to the vesting of a performance share unit agreement dated November 16, 2022. On November 17, 37 additional shares were sold to cover taxes related to a restricted stock unit award originally granted on November 17, 2023. After these transactions, the reporting person beneficially owned 6,732 shares, which includes 1,144 shares purchased through the company’s 1996 Employee Stock Purchase Program.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common stock, no par value | 37 | $83.09 | $3K |
| Tax Withholding | Common stock, no par value | 41 | $83.09 | $3K |
| Grant/Award | Common stock, no par value | 865 | $0.00 | -- |
| Tax Withholding | Common stock, no par value | 211 | $83.09 | $18K |
Footnotes (1)
- On November 16, 2022, 495 service share units were issued to the Reporting Person pursuant to a Service Share Unit Award with such shares vesting equally on the first, second and third anniversaries of the grant date. These shares were sold to cover taxes associated with the vesting of the third tranche. Represents the closing price on the last trading day immediately preceding the date of vesting. Includes 1,144 shares purchased through the J & J Snack Foods Corp. 1996 Employee Stock Purchase Program. These shares were acquired pursuant to the vesting of a Performance Share Unit Agreement dated November 16, 2022. These shares were withheld to cover taxes associated with the vesting of the shares acquired in footnote (4). On November 17, 2023, 446 service share units were issued to the Reporting Person pursuant to a Restricted Stock Unit Award Agreement with such shares vesting equally on the first, second and third anniversaries of the grant date. These shares were sold to cover taxes associated with the vesting of the second tranche.
FAQ
What insider transaction did J&J Snack Foods (JJSF) report in this Form 4?
The EVP of Operations of J&J Snack Foods Corp. reported multiple transactions in common stock on November 16 and 17, 2025, including shares acquired from equity award vesting and shares sold or withheld to cover related taxes.
What types of equity awards are involved in the JJSF Form 4 filing?
The filing references service share units, performance share units, and restricted stock units, with shares vesting in tranches over three years and some of the vested shares sold or withheld to cover associated taxes.
What vesting schedules are described for the J&J Snack Foods equity awards?
The filing notes that certain service and restricted stock unit awards issued in November 2022 and November 2023 vest equally on the first, second, and third anniversaries of their respective grant dates.