Village Super Market (VLGEA) EVP gets 15,916 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SUMAS JOHN reported acquisition or exercise transactions in this Form 4 filing.
Village Super Market Inc EVP & Secretary John Sumas received a grant of 15,916 shares of Class A common stock as restricted stock compensation. The award was issued at no cash cost and increased his directly held shares to 115,641 after the transaction.
The restricted shares were granted under the Village Super Market, Inc. 2016 Stock Plan and vest over time, subject to his continued service or employment. One-half of the shares vest on March 16, 2027, one-third vest on March 14, 2028, and the remaining shares vest on March 13, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SUMAS JOHN
Role
EVP & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS A COMMON STOCK | 15,916 | $0.00 | -- |
Holdings After Transaction:
CLASS A COMMON STOCK — 115,641 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock grant: 15,916 shares
Post-grant holdings: 115,641 shares
First vesting tranche: 1/2 of 15,916 shares
+2 more
5 metrics
Restricted stock grant
15,916 shares
Class A common stock granted on March 27, 2026
Post-grant holdings
115,641 shares
Total Class A shares directly held after grant
First vesting tranche
1/2 of 15,916 shares
Vests on March 16, 2027, subject to continued service
Second vesting tranche
1/3 of 15,916 shares
Vests on March 14, 2028, subject to continued service
Final vesting tranche
Remaining shares
Vests on March 13, 2029, subject to continued service
Key Terms
restricted stock, 2016 Stock Plan, vest, grant, award, or other acquisition, +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
"Issued pursuant to the Village Super Market, Inc. 2016 Stock Plan."
vest financial
"The shares vest in three installments, subject to the Reporting Person's continued service."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"Transaction code A identified as Grant, award, or other acquisition."
EVP & Secretary financial
"Reporting person is EVP & Secretary of Village Super Market Inc."
FAQ
What insider transaction did VLGEA executive John Sumas report?
John Sumas reported receiving 15,916 shares of VLGEA Class A common stock as a restricted stock grant. The award was issued at no cash cost as part of equity compensation and increased his directly held position to 115,641 shares after the grant.
Is the VLGEA Form 4 transaction a stock purchase or sale?
The VLGEA Form 4 reflects a grant of restricted stock to executive John Sumas, not a market purchase or sale. It is coded as an acquisition by grant or award and carries a transaction price of 0.0000 per share, indicating compensation rather than trading.