p8k04012022dividenddeclard

Florida

000-00981

59-0324412

(State of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

3300 Publix Corporate Parkway

Lakeland, Florida

33811

(Address of principal executive offices)

(Zip Code)

(863) 688-1188

(Registrant’s telephone number, including area code)


¨			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Publix Super Markets, Inc. (Company) and Bridgid A. O'Connor, Officer of the Company, entered into an Indemnification Agreement dated April 1, 2022. This Indemnification Agreement is in the same form as the Indemnification Agreement attached as an exhibit to the quarterly report of the Company on Form 10-Q for the quarter ended March 31, 2001. The Indemnification Agreement has been entered into between the Company and all of its directors and officers as previously reported.

On April 1, 2022, the Company filed Articles of Amendment to its Restated Articles of Incorporation in order to effect a 5-for-1 stock split of the Company’s common stock, par value $1.00 per share (Common Stock), and an increase in the number of authorized shares of Common Stock from 1,000,000,000 to 4,000,000,000 shares, to be effective as of the close of business on April 14, 2022. The Articles of Amendment were approved by action of the Company’s Board of Directors on April 1, 2022, and without the need for stockholder approval, in accordance with Section 607.10025 of the Florida Business Corporation Act.

On April 1, 2022, the Company announced its Board of Directors declared a post-split quarterly dividend of $0.09 per share, payable May 2, 2022 to stockholders of record as of the close of business April 15, 2022. A copy of the press release is attached hereto as Exhibit 99.1.


		PUBLIX SUPER MARKETS, INC.


Dated: April 1, 2022	By:	/s/ David P. Phillips
		David P. Phillips, Executive Vice President, Chief Financial Officer and
		Treasurer (Principal Financial and Accounting Officer)

Pursuant to the provisions of Section 607.10025 of the Florida Business Corporation Act, Publix Super Markets, Inc., a Florida corporation, hereby adopts the following Articles of Amendment to its Restated Articles of Incorporation:

2.These Articles of Amendment have been adopted and approved in connection with a share division pursuant to Section 607.10025 of the Florida Business Corporation Act, pursuant to which each issued share of common stock, par value $1.00 per share, of the Corporation (“Common Stock”) will be divided into five shares of Common Stock. The resolutions approving the share division and these Articles of Amendment were adopted by the Board of Directors of the Corporation (the “Board”) on April 1, 2022. The division and these Articles of Amendment will be effected without shareholder approval, which was not required pursuant to Section 607.10025(2) of the Florida Business Corporation Act. The total number of authorized shares of Common Stock authorized prior to these Articles of Amendment was 1,000,000,000. The total number of authorized shares of Common Stock authorized pursuant to these Articles of Amendment is 4,000,000,000.

3.These Articles of Amendment do not adversely affect the rights or preferences of the holders of outstanding shares of any class or series or result in the percentage of authorized shares that remain unissued after the division exceeding the percentage of authorized shares that were unissued before the division.

“The amount of common capital stock authorized is Four Billion Dollars ($4,000,000,000) divided into 4,000,000,000 shares of stock at a par value of one dollar ($1.00) per share. The holders of common capital stock of this Corporation shall have no preemptive right to subscribe for and purchase their proportionate share of any additional common capital stock issued by this Corporation, from and after the issuance of the shares originally subscribed for by the stockholders of this Corporation, whether such additional shares be issued for cash, property, services or any other consideration and whether or not such shares

be presently authorized or be authorized by subsequent amendment to these Articles of Incorporation. The Board of Directors of this Corporation shall have the authority to acquire by purchase and hold from time to time any share of its issued and outstanding common capital stock for such consideration and upon such terms and conditions as the Board of Directors in its discretion shall deem proper and reasonable in the interest of this Corporation.”

IN WITNESS WHEREOF, the Corporation has caused these Articles of Amendment to be executed in its name by the undersigned duly authorized officer of the Corporation, as of this 1st day of April 2022.

LAKELAND, Fla., April 1, 2022 — Publix announced its board of directors approved a 5‑for-1 stock split and an increase in the number of authorized shares of its common stock from 1 billion to 4 billion shares. In addition, Publix announced the board declared a quarterly dividend on its common stock.

Under the revised Florida Business Corporation Act, which became effective Jan. 1, 2020, no shareholder approval is required in connection with a stock split and the related increase in authorized shares.

The stock split and authorized shares increase will be effective as of the close of business April 14, 2022. For each share of stock a shareholder owns, they will receive four additional shares issued from the stock split in book entry form as an electronic certificate(s). The additional shares will be reported by Publix to the shareholder on a stock account transaction statement. Shareholders should keep existing paper stock certificates. Publix stock will begin trading at the split‑adjusted price of $13.76 per share after the stock split.

A dividend on the post-split shares of 9 cents per share will be payable May 2, 2022, either through direct deposit or mailed as a check to shareholders of record as of the close of business April 15, 2022.

To elect direct deposit of dividends, visit corporate.publix.com/stock and click Publix Stockholder Online at the bottom of the page. After registering for a confidential online account, log in and select Dividends > Payment Preferences to elect direct deposit. Direct deposit elections also can be made by completing the online Direct Deposit Authorization for Publix Stock Dividends form at corporate.publix.com/stock > Stockholder Resources > Forms. Print and sign the form as indicated, and then send it with a voided check to Publix stockholder services.

While processing the stock split, Publix stockholder services will be closed on April 15, 2022, and unable to provide services to shareholders. The department is expected to re-open on April 18, 2022, by 1 p.m. Eastern time.

Publix, the largest employee-owned company in the U.S. with more than 230,000 associates, currently operates 1,297 stores in Florida, Georgia, Alabama, Tennessee, South Carolina, North Carolina and Virginia. For 24 consecutive years, the company has been recognized by Fortune as a great place to work. In addition, Publix’s dedication to superior quality and customer service is recognized among the top in the grocery business. For more information, visit the company’s website, corporate.publix.com. ###