🧾 What This Document Is

This is a Form 8-K filing, which companies use to announce major, shareholder-impacting news to the market. Attached is the official press release announcing a special cash dividend. It’s not an earnings report, but a direct message about returning cash to investors.

🏢 What The Company Does

👉 In simple terms, John B. Sanfilippo & Son (JBSS) is a major player in the nut and snack food business. They process, package, and sell nuts, dried fruits, snack bars, and cheese snacks. You've likely seen their products under popular brand names like Fisher® and Orchard Valley Harvest® in grocery stores.

💰 Financial Highlights

The core of this announcement is about giving money back to shareholders, not reporting new profits. Here’s the key financial data from the announcement:

• Special Dividend: $1.50 per share.
• Total Payout: Approximately $17.6 million will be returned to all stockholders.
• Fiscal Year Total: This dividend, combined with others paid earlier in the fiscal year, brings the total cash returned to $4.00 per share in the current fiscal year.

🚀 Key Move: The Special Dividend

The company's Board has declared a one-time, special cash dividend. This is different from a regular, recurring dividend. It signals that the company has generated excess cash it wants to share directly with its owners (the shareholders) rather than just reinvesting it all or holding onto it.

👉 Why it matters: Special dividends are often a sign of strong recent financial performance and confident cash flow. It's a direct reward to investors.

📅 Key Dates

These are the critical dates for investors:

• April 27, 2026: The "record date." You must own the stock by the close of business on this date to get the dividend.
• May 21, 2026: The "payment date." The $1.50 per share will be paid out on this day.

💬 Leadership's Message

CEO Jeffrey T. Sanfilippo directly linked the dividend to strong quarterly performance and the company's commitment to "creating long-term stockholder value through the disciplined and responsible use of cash." He also credited the company's employees, suggesting the success is an operational achievement.

⚖️ Big Picture

👍 Strengths: This move shows the company generates strong, consistent cash flow. Returning $4.00 per share in a single year demonstrates financial health and a shareholder-friendly policy. The established brand portfolio (Fisher, Orchard Valley Harvest) provides a stable business foundation.

⚠️ Risks: A special dividend is, by definition, not guaranteed to continue. This is a one-time payout, not an increase to the regular dividend. Investors shouldn't automatically expect another one next year. The company must still fund its operations and future growth.

🧠 The Analogy

Think of JBSS as a very productive family farm. Instead of just putting all the year's extra harvest profit into a new barn (reinvestment) or a savings account (retained earnings), the family decides to take a significant portion of that profit and share it as a cash bonus directly with every family member who owns a share of the farm. This "special harvest bonus" shows the farm is doing well, but it doesn't mean the same bonus is promised every single year.

📇 Key Contacts & People

• Frank S. Pellegrino (Company Investor Relations)
• John Beisler or Steven Hooser (Three Part Advisors, LLC)
• Phone: 847-214-4138, 817-310-8776

🧩 Final Takeaway

JBSS is sharing its recent financial success by paying a $1.50 per share special dividend in May 2026, capping a year where it returned a total of $4.00 per share to investors. It’s a clear signal of strong cash flow and a shareholder-focused management team.