The estimated Net Worth of William Sumas is at least $9.2 Million dollars as of 14 April 2023. Mr. Sumas owns over 1,738 units of Village Super Market stock worth over $4,307,838 and over the last 21 years he sold VLGEA stock worth over $3,767,987. In addition, he makes $1,123,720 as Chairman of the Board and Executive Vice President at Village Super Market.
William has made over 22 trades of the Village Super Market stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 1,738 units of VLGEA stock worth $38,323 on 14 April 2023.
The largest trade he's ever made was selling 70,263 units of Village Super Market stock on 12 June 2019 worth over $1,788,896. On average, William trades about 3,718 units every 111 days since 2004. As of 14 April 2023 he still owns at least 136,324 units of Village Super Market stock.
You can see the complete history of Mr. Sumas stock trades at the bottom of the page.
William Sumas is Chairman of the Board, Executive Vice President of the Company, since December 15, 2017. He was appointed Chairman of the Board of Directors in 2017 and had served as Vice Chairman of the Board since 2009. He has served as Vice President and a Director of the Company since 1980. Since 1989, he has served as an Executive Vice President. He has responsibility for real estate development. William Sumas is a member of Wakefern’s Environmental, Government Relations, and Sanitation, Safety and Appearance Committees. He recently served as Chairman of the New Jersey Food Council for 8 years. The Board concluded that William Sumas should continue to serve as a Director of the Company in part due to his extensive knowledge of Wakefern, the Company, the local real estate environment and governmental matters obtained over his 50 year career with the Company.
As the Chairman of the Board and Executive Vice President of Village Super Market, the total compensation of William Sumas at Village Super Market is $1,123,720. There are 1 executives at Village Super Market getting paid more, with John Sumas having the highest compensation of $1,154,090.
William Sumas is 72, he's been the Chairman of the Board and Executive Vice President of Village Super Market since 2017. There are 4 older and 7 younger executives at Village Super Market. The oldest executive at Village Super Market, Inc. is Robert P. Sumas, 80, who is the CEO & Vice Chairman.
Over the last 21 years, insiders at Village Super Market have traded over $57,025,808 worth of Village Super Market stock and bought 4,100 units worth $129,683 . The most active insiders traders include Of Perry Sumas Estate, John Sumas, and William Sumas. On average, Village Super Market executives and independent directors trade stock every 9 days with the average trade being worth of $122,324. The most recent stock trade was executed by Orden John L Van on 26 July 2024, trading 2,000 units of VLGEA stock currently worth $61,040.
village super market, inc. operates a chain of supermarkets in the united states. its stores feature specialty departments, such as an on-site bakery, an expanded delicatessen, various natural and organic foods, ethnic and international foods, prepared foods, and pharmacies. the company operates a chain of 30 shoprite supermarkets, 5 fairway markets, and 3 gourmet garage specialty markets located in new jersey, new york, pennsylvania, and maryland. village super market, inc. was founded in 1937 and is based in springfield, new jersey.
Village Super Market executives and other stock owners filed with the SEC include: