J&J Snack Foods Corp. Files Definitive Proxy Statement

Ticker: JJSF · Form: DEF 14A · Filed: Jan 3, 2024 · CIK: 785956

Complexity: moderate

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, J&J Snack Foods, Corporate Governance, Shareholder Meeting

TL;DR

<b>J&J Snack Foods Corp. has filed a Definitive Proxy Statement (DEF 14A) on January 3, 2024.</b>

AI Summary

J&J SNACK FOODS CORP (JJSF) filed a Proxy Statement (DEF 14A) with the SEC on January 3, 2024. Filing type is DEF 14A, indicating a definitive proxy statement. Company's Central Index Key (CIK) is 0000785956. Standard Industrial Classification (SIC) is 2052 (Cookies & Crackers). Fiscal year ends in September (0924). Filing date is January 3, 2024.

Why It Matters

For investors and stakeholders tracking J&J SNACK FOODS CORP, this filing contains several important signals. This filing is a standard proxy statement, providing information to shareholders regarding company matters, typically including executive compensation, director elections, and other corporate governance issues. The DEF 14A filing indicates that the company is preparing for its annual shareholder meeting or addressing specific proposals requiring shareholder vote.

Risk Assessment

Risk Level: low — J&J SNACK FOODS CORP shows low risk based on this filing. The filing is a routine DEF 14A, which typically contains standard disclosures and does not present immediate financial or operational risks.

Analyst Insight

Review the proxy statement for details on executive compensation, director nominations, and any shareholder proposals to understand potential impacts on corporate governance and shareholder value.

Key Numbers

Key Players & Entities

FAQ

When did J&J SNACK FOODS CORP file this DEF 14A?

J&J SNACK FOODS CORP filed this Proxy Statement (DEF 14A) with the SEC on January 3, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by J&J SNACK FOODS CORP (JJSF).

Where can I read the original DEF 14A filing from J&J SNACK FOODS CORP?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by J&J SNACK FOODS CORP.

What are the key takeaways from J&J SNACK FOODS CORP's DEF 14A?

J&J SNACK FOODS CORP filed this DEF 14A on January 3, 2024. Key takeaways: Filing type is DEF 14A, indicating a definitive proxy statement.. Company's Central Index Key (CIK) is 0000785956.. Standard Industrial Classification (SIC) is 2052 (Cookies & Crackers)..

Is J&J SNACK FOODS CORP a risky investment based on this filing?

Based on this DEF 14A, J&J SNACK FOODS CORP presents a relatively low-risk profile. The filing is a routine DEF 14A, which typically contains standard disclosures and does not present immediate financial or operational risks.

What should investors do after reading J&J SNACK FOODS CORP's DEF 14A?

Review the proxy statement for details on executive compensation, director nominations, and any shareholder proposals to understand potential impacts on corporate governance and shareholder value. The overall sentiment from this filing is neutral.

How does J&J SNACK FOODS CORP compare to its industry peers?

J&J Snack Foods Corp. operates in the food manufacturing sector, specifically within the cookies and crackers industry.

Are there regulatory concerns for J&J SNACK FOODS CORP?

The filing is a DEF 14A, a type of filing required by the SEC under the Securities Exchange Act of 1934 for companies soliciting proxies from shareholders.

Industry Context

J&J Snack Foods Corp. operates in the food manufacturing sector, specifically within the cookies and crackers industry.

Regulatory Implications

The filing is a DEF 14A, a type of filing required by the SEC under the Securities Exchange Act of 1934 for companies soliciting proxies from shareholders.

What Investors Should Do

  1. Analyze executive compensation packages disclosed in the proxy statement.
  2. Review director nominations and voting recommendations.
  3. Identify any shareholder proposals and the company's stance.

Key Dates

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure. Specific comparative data from a previous filing is not immediately available in this header information.

Filing Stats: 4,748 words · 19 min read · ~16 pages · Grade level 11.8 · Accepted 2024-01-03 16:16:15

Filing Documents

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 25 COMPENSATION DISCUSSION AND ANALYSIS 27 Summary Compensation Table 33 Grants of Plan-Based Awards in Fiscal 2023 34 Outstanding Equity Awards at Fiscal Year-End 35 Option Exercises and Stock Vested 36 Potential Payment Upon Termination or Change In Control 36 CEO Pay Ratio 38 Pay Versus Performance 39 Transactions With Related Persons 44 Certain Transactions 44 i TABLE OF CONTENTS PROXY STATEMENT SUMMARY General Information Meeting Date Time Location Record Date February 13, 2024 10:00 a.m., Eastern Time Live webcast at www.virtualshareholdermeeting.com/JJSF2024 December 19, 2023 Voting Matters and Vote Recommendations Proposal Matter Board Vote Recommendation 1 To elect Mary M. Meder and Vincent A. Melchiorre to serve as directors, each for a term ending at the 2029 Annual Meeting of Shareholders " FOR " the election of each of the director nominees 2 To ratify the appointment of Grant Thornton LLP as our independent registered public accounting firm for the fiscal year ending September 28, 2024 " FOR " the ratification of Grant Thornton LLP as our independent registered public accounting firm for fiscal year 2024 3 Approval, on a non-binding advisory basis, of the compensation of our Named Executive Officers " FOR " the non-binding advisory resolution approving our

executive compensation

executive compensation Additional Information Admission to the Annual Meeting Admission to the Annual Meeting is restricted to shareholders and/or their designated representatives. Proxy Materials On or about January 3, 2024, a Notice of Internet Availability of Proxy Materials (the "Notice") was mailed to our shareholders of record as of December 19, 2023. The proxy statement, the proxy or voting instruction card, and our 2023 Annual Report to Shareholders are available at www.proxyvote.com. All shareholders may choose to access these materials electronically or may request printed or emailed copies at no charge. 1 TABLE OF CONTENTS How to Vote It is important that your shares be represented and voted. Shareholders who received the Notice may vote their shares electronically at www.proxyvote.com, by telephone, or by mail after requesting a paper copy of the proxy materials. There is no charge for requesting a paper or email copy. We have also mailed paper copies of the proxy materials, including the proxy card, to some of our beneficial shareholders. These shareholders may also view the proxy materials online at www.proxyvote.com. They may vote their shares by mail, telephone, or Internet. To vote by mail, these shareholders should simply complete, sign, and date the proxy card and return it in the envelope provided. To vote by telephone or Internet, 24 hours a day, 7 days a week, these shareholders should refer to the proxy card for voting instructions. If you attend the Annual Meeting and want to vote at the Annual Meeting, you can withdraw your proxy. If your shares are held in the name of a broker, bank or other holder of record, you will need a control number and legal proxy from the holder of record in order to vote your shares. Please see the procedures described under "How can I participate in the Annual Meeting" on page 3 of the proxy statement. Please note the voting procedures described under "How do I Vote my shares?" on page 5 of t

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