secwatch.observer — SEC 8-K summary
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Issuer:     SANFILIPPO JOHN B & SON INC (JBSS)
CIK:        0000880117
Form:       8-K
Filed at:   2026-10-02T20:16:29+00:00
Accession:  0001193125-26-412309
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4.1-flash:cloud@v2

JBSS leadership transition takes effect: Jasper Sanfilippo Jr. named CEO, Pellegrino President/CFO
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- Effective October 1, 2026, Jeffrey T. Sanfilippo moved from CEO to Executive Chair of the Board, as previously announced in the July 16, 2026 Form 8-K.
- Jasper B. Sanfilippo, Jr., previously COO, President and Secretary, assumed the role of Chief Executive Officer on the transition date.
- Frank Pellegrino, formerly CFO and EVP Finance and Administration, became President and Chief Financial Officer.
- Pellegrino's Employment Letter sets base salary at $700,000/year, a target bonus of 100% of salary under the Sanfilippo Value Added Plan, and a FY2027 annual equity award of $600,000.
- Pellegrino also receives a one-time equity award of $750,000 with FY2027 grants; severance is 1x or 2x salary plus target bonus for termination without cause or Good Reason, plus accelerated vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880117/000119312526412309/0001193125-26-412309-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880117/000119312526412309/jbss-20261001.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-412309

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