SUMAS JOHN 4

What Happened

• John Sumas, EVP, Secretary and director of Village Super Market (VLGEA), had 13,297 shares disposed on March 17, 2026 to satisfy a tax liability (transaction code F). The shares were priced at $42.79 each, for a total value of $568,979. This was a disposition tied to tax withholding rather than an open‑market sale.

Key Details

• Transaction date: 2026-03-17; Price: $42.79 per share; Shares disposed: 13,297; Total value: $568,979.
• Transaction type/code: F — payment of exercise price or tax liability (shares withheld/surrendered to cover taxes).
• Shares owned after transaction: not specified in the excerpt of this filing.
• Remark: Sumas is listed as a member of a 10% owner group.
• Filing timeliness: Report filed 2026-03-27 for a 2026-03-17 transaction (marked late). Late filings reduce transparency for investors.

Context

• Code F typically means shares were surrendered or withheld to satisfy tax withholding obligations from an equity award or option exercise (a common administrative step). Because this was to cover taxes rather than an open-market sale, it’s usually less informative about the insider’s market view. Being a member of a 10% owner group is a disclosure of ownership status and does not by itself indicate trading motive.