---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-179663"
form_type: "8-K"
ticker: "JBSS"
cik: "0000880117"
company_name: "SANFILIPPO JOHN B & SON INC"
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T14:31:31.097474+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# JBSS eliminates EVP Sales & Marketing role; exec Wallace departs with $310K severance

## Summary
- Position of Executive VP, Sales & Marketing eliminated effective June 29, 2023.
- Shayn E. Wallace separated on June 29, 2023; receives $310,000 severance plus 6 months COBRA contributions.
- Outstanding RSU awards forfeited and not vested per separation agreement.
- Agreement includes 12-month non-compete, non-solicitation of customers/employees, and confidentiality provisions.

## SEC filing metadata
- accession: 0001193125-23-179663
- form_type: 8-K
- ticker: JBSS
- cik: 0000880117
- company_name: SANFILIPPO JOHN B & SON INC
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880117/000119312523179663/0001193125-23-179663-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880117/000119312523179663/d515679d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-179663
- JSON: https://secwatch.observer/filing/0001193125-23-179663.json
- Plain text: https://secwatch.observer/filing/0001193125-23-179663.txt

## Key facts
- Executive change
  Shayn E. Wallace departed as Executive Vice President, Sales and Marketing at SANFILIPPO JOHN B & SON INC.
  - Action: separated
  - Role: Executive Vice President, Sales and Marketing
  source text: the Company announced the elimination of the position of Executive Vice President, Sales and Marketing, as of June 29, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/880117/000119312523179663/0001193125-23-179663-index.htm

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