Trade Summary

4 days ago, Submarine Buyer LLC, serving as 10% owner Owner at Jersey Mike's Subs Inc. (JMKE), sold 29,695,652 shares at $21.85 per share, for a total transaction value of $648,849,996.20. Following this transaction, Submarine Buyer LLC now holds 189,138,535 shares of JMKE.

This sale represents a 13.57% decrease in Submarine Buyer LLC's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, July 31, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, August 4, 2026 at 4:35 PM ET, 4 days after the trade was made.