---
schema_version: "secwatch.filing_event.v1"
accession: "0000103595-25-000024"
form_type: "8-K"
ticker: "VLGEA"
cik: "0000103595"
company_name: "VILLAGE SUPER MARKET INC"
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:03:49.489371+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Village Super Market secures $5.6M NMTC loan for East Orange replacement store; related-party note with CEO

## Summary
- Leveraged $4.4M loan at 1% to Investment Fund, which contributed $6.0M to CDE; CDE lent $5.6M to subsidiary at ~1.24% for store construction.
- Valley Bank contributed $1.9M for NMTC tax benefits; Company must indemnify for any recapture over 7-year compliance period.
- Company expects pretax benefit of $1.1M in 2032 when Valley Bank exercises put option.
- CEO John Sumas owns 5% of Leverage Lender and provided $0.2M loan at 7% interest; Audit Committee approved.

## SEC filing metadata
- accession: 0000103595-25-000024
- form_type: 8-K
- ticker: VLGEA
- cik: 0000103595
- company_name: VILLAGE SUPER MARKET INC
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103595/000010359525000024/0000103595-25-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103595/000010359525000024/vlgea-20251219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000103595-25-000024
- JSON: https://secwatch.observer/filing/0000103595-25-000024.json
- Plain text: https://secwatch.observer/filing/0000103595-25-000024.txt

## Key facts
- Debt Financings
  VILLAGE SUPER MARKET INC incurred loan of $5.6 million with NJCC CDE 49 LLC at approximately 1.24% maturing December 19, 2055.
  - Instrument: loan
  - Principal: $5.6 million
  - Counterparty: NJCC CDE 49 LLC
  - Rate: approximately 1.24%
  - Maturity: December 19, 2055
  - Event: incurrence
  source text: Investment Fund is a wholly owned subsidiary of Valley Bank. The Investment Fund then contributed $6.0 million of the proceeds to a CDE, which, in turn, loaned combined funds of $5.6 million, net of debt issuance costs, to Village Super Market of Brick Church LLC, a wholly-owned subsidiary of the Company, pursuant to a loan agreement with NJCC CDE 49 LLC (the “Loan
  evidence_url: https://www.sec.gov/Archives/edgar/data/103595/000010359525000024/0000103595-25-000024-index.htm
- Material Agreements
  VILLAGE SUPER MARKET INC entered into Loan Agreement with NJCC CDE 49 LLC (effective 2025-12-19).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: NJCC CDE 49 LLC
  - Effective: 2025-12-19
  source text: On December 19, 2025, Village Super Market, Inc. (the “Company”) entered into a financing transaction with Valley National Bank Community Investment Fund, LLC (“Valley Bank”) under a qualified New Markets Tax Credit (“NMTC”) program related to the construction of a replacement store in East Orange, New Jersey.
  evidence_url: https://www.sec.gov/Archives/edgar/data/103595/000010359525000024/0000103595-25-000024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.