Village Super Market (VLGEA) CEO logs tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Village Super Market CEO John James Sumas reported a tax-related share disposition involving 13,298 shares of Class A Common Stock on March 17, 2026. These shares were withheld at $42.79 per share to satisfy tax obligations, not sold in the open market.
After this transaction, Sumas directly holds 15,696 Class A shares. He also has indirect ownership of 71,513 Class A shares held through various family trusts for the benefit of his children, where he serves as sole trustee or co-trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SUMAS JOHN JAMES
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 13,298 | $42.79 | $569K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 15,696 shares (Direct);
Class A Common Stock — 71,513 shares (Indirect, See Footnote)
Footnotes (1)
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FAQ
What insider transaction did VLGEA CEO John James Sumas report?
John James Sumas reported a tax-withholding disposition of 13,298 Class A shares. The shares were withheld at $42.79 each on March 17, 2026, to cover tax obligations, rather than being sold on the open market.
What indirect VLGEA holdings are associated with John James Sumas?
There are 71,513 Class A shares held indirectly through family trusts. These trusts benefit the children of James Sumas, and the reporting person serves as sole trustee or co-trustee, giving him associated indirect ownership as disclosed in the Form 4 footnote.
What does transaction code F mean in the VLGEA Form 4 filing?
Transaction code F indicates a tax-withholding disposition of shares. In this case, 13,298 Class A shares of Village Super Market were delivered at $42.79 per share to satisfy tax liabilities related to equity awards, rather than being sold on the market.
Does the VLGEA Form 4 show any derivative exercises or option activity?
The provided data do not show any derivative security transactions. All reported activity involves non-derivative Class A Common Stock, consisting of a tax-withholding share disposition and updated direct and indirect ownership positions for John James Sumas.