---
title: "John Schnatter is Planning to Sell his Papa John's Stock"
url: https://burnaze.com/article/3525383a-ceaa-45e5-b66b-c7b302a8fe21
source: "1851 Franchise"
original_url: https://1851franchise.com/john-schnatter-is-planning-to-sell-his-papa-johns-stock-2709889
category: "Pizza"
industry: "Restaurants"
segment: "Pizza"
topics: ["Finance & M&A"]
published: 2019-05-08T19:14:23.000Z
modified: 2026-11-01T02:30:19.844Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/fd65da27fb799ad5bf81628d05e55d8a5520.jpg
---

# John Schnatter is Planning to Sell his Papa John's Stock

**TL;DR:** John Schnatter, former Papa John's CEO, is exploring the sale of his Papa John's shares, which could potentially exit him from the news cycle. Schnatter owns 31% of Papa John's, or nearly 10 million shares.

*originally published in 1851 Franchise on 2019-05-08. [Read the original](https://1851franchise.com/john-schnatter-is-planning-to-sell-his-papa-johns-stock-2709889).*

## Story

We know we’ve said it a thousand times, but the end may actually be in sight. John “Papa John” Schnatter—yes, that one—may actually make his way out of the news cycle for good. Restaurant Business is reporting that according to a Tuesday federal security filing, Schnatter has hired financial advisers to explore a sale of his Papa John’s shares.

Our team here at 1851 Franchise has diligently reported on Schnatter’s turbulent falling out with Papa John’s ever since that infamous conference call in May 2018. Resignations, poison pills and multiple lawsuits later, Schnatter still owns 31% of Papa John’s, or nearly 10 million shares.

If he really is ready to hang it up, the selling of Schnatter’s interest would have a “substantial impact” on Papa John’s stock price, the article notes.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- Papa Johns (company)
- stock sale (topic)
- share ownership (topic)
- company exit (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/john-schnatter-is-planning-to-sell-his-papa-johns-stock-2709889). Summarized by Burnaze (https://burnaze.com/article/3525383a-ceaa-45e5-b66b-c7b302a8fe21).