Village Super Market (VLGEA) EVP Sumas sells 12,703 Class A shares
Rhea-AI Filing Summary
Village Super Market executive John Sumas reported an open-market sale of company stock. He sold 12,703 shares of Class A Common Stock at a weighted average price of $41.303 per share across multiple trades. After these transactions, he directly owns 102,938 shares.
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Insights
Executive sold a modest portion of his stake but remains a large shareholder.
John Sumas, EVP & Secretary of Village Super Market, executed an open-market sale of 12,703 Class A shares at a weighted average of $41.303 per share. The trades occurred in multiple transactions within a disclosed price range.
Following the sale, Sumas continues to hold 102,938 shares directly, indicating he retains a substantial equity position. With no derivative positions listed and no reference to a 10b5-1 plan in the excerpt, this appears as a routine liquidity transaction rather than a transformational move.
The footnote explains that the reported price is a weighted average of trades between $40.945 and $41.87. Future ownership updates will appear in subsequent insider reports, which together outline changes in his stake over time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | CLASS A COMMON STOCK | 12,703 | $41.303 | $525K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.945 to $41.87, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
Class A Common Stock financial
Form 4 regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.