Village Super Market (VLGEA) CEO receives 33,056 restricted shares in stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SUMAS JOHN JAMES reported acquisition or exercise transactions in this Form 4 filing.
Village Super Market Inc CEO John James Sumas received a grant of 33,056 shares of Class A Common Stock as restricted stock under the company’s 2016 Stock Plan. The award was issued at no cash price and represents equity compensation rather than an open-market purchase.
These restricted shares vest in stages if he continues service with the company: one-half on March 16, 2027, one-third on March 14, 2028, and the balance on March 13, 2029. Following this grant, he holds 48,752 Class A shares directly. In addition, 71,513 Class A shares are held indirectly through various family trusts for the benefit of the children of James Sumas, 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 |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 33,056 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 48,752 shares (Direct);
Class A Common Stock — 71,513 shares (Indirect, See Footnote)
Footnotes (1)
- Shares of restricted stock issued pursuant to the Village Super Market, Inc. 2016 Stock Plan. The shares vest in three installments, subject to the Reporting Person's continued service or employment with the Issuer through each applicable vesting date, as follows: one-half of the shares vest on March 16, 2027; one-third of the shares vest on March 14, 2028; and the remaining shares vest on March 13, 2029. The securities are held directly by various family trusts for the benefit of the children of James Sumas, of which the Reporting Person is the sole trustee or co-trustee.
Key Figures
Restricted stock grant: 33,056 shares
Direct holdings after grant: 48,752 shares
Indirect trust holdings: 71,513 shares
+4 more
7 metrics
Restricted stock grant
33,056 shares
Class A Common Stock grant on March 27, 2026
Direct holdings after grant
48,752 shares
Class A Common Stock held directly following transaction
Indirect trust holdings
71,513 shares
Class A Common Stock held by family trusts for children of James Sumas
Initial vesting portion
One-half of 33,056 shares
Vests on March 16, 2027, subject to continued service
Second vesting portion
One-third of 33,056 shares
Vests on March 14, 2028, subject to continued service
Final vesting portion
Remaining shares of 33,056
Vest on March 13, 2029, subject to continued service
Grant price per share
0.0000 per share
Restricted stock issued with no cash purchase price
Key Terms
restricted stock, 2016 Stock Plan, vesting, family trusts, +1 more
5 terms
restricted stock financial
"Shares of restricted stock issued pursuant to the Village Super Market, Inc. 2016 Stock Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2016 Stock Plan financial
"Shares of restricted stock issued pursuant to the Village Super Market, Inc. 2016 Stock Plan."
vesting financial
"The shares vest in three installments, subject to the Reporting Person's continued service or employment."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
family trusts financial
"The securities are held directly by various family trusts for the benefit of the children of James Sumas."
trustee financial
"of which the Reporting Person is the sole trustee or co-trustee."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did VLGEA CEO John James Sumas report in this Form 4 filing?
He reported receiving a grant of 33,056 shares of Class A Common Stock as restricted stock compensation. The shares were issued under Village Super Market’s 2016 Stock Plan and carry a multi-year vesting schedule tied to continued service.
What indirect Village Super Market (VLGEA) holdings are associated with the CEO?
The filing shows 71,513 Class A shares held indirectly by various family trusts for the benefit of the children of James Sumas. John James Sumas serves as sole trustee or co-trustee for these trusts, according to the disclosure.
Is this VLGEA Form 4 transaction a market buy or a compensation grant?
It is a compensation-related grant. The filing labels the transaction as a grant, award, or other acquisition with code A and a price of 0.0000 per share, indicating restricted stock issued under the company’s 2016 Stock Plan.