Form 4: J M Smucker Co Director Acquires Deferred Stock Units
SEC Form 4 Filing
Director Tarang Amin acquired deferred stock units in J M Smucker Co on October 1, 2024, according to a Form 4 filing.
Summary
- Tarang Amin, a director of J M Smucker Co, reported changes in beneficial ownership on October 3, 2024.
- On October 1, 2024, Amin acquired 206.254 deferred stock units, which are payable in common shares at a 1-for-1 rate following termination of services as a director.
- Additionally, Amin acquired 1,320 deferred stock units on the same date.
- Following these transactions, Amin directly owns 3,736.587 deferred stock units.
- This amount includes shares acquired under the Company's dividend reinvestment plan.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects routine executive compensation and insider confidence in the company, as demonstrated by the acquisition of stock units.
Stakeholder Impact
- The acquisition of deferred stock units by a director could signal confidence in the company's future performance to shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Acquisition of 206.254 and 1,320 deferred stock units |
| 10/03/2024 | Date of Form 4 filing |
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