Form 4: J M Smucker Co Director Alex Shumate Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Alex Shumate reported the acquisition of 1,320 deferred stock units in J M Smucker Co on October 1, 2024.
Summary
- On October 1, 2024, Alex Shumate, a director of J M Smucker Co, acquired 1,320 deferred stock units.
- These deferred stock units are payable 1-for-1 following termination of services as a director.
- Following the transaction, Shumate directly owns 25,759.831 common shares, which includes shares acquired under the company's dividend reinvestment plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The acquisition of deferred stock units by a director may be of interest to shareholders as it reflects the director's stake in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Acquisition of deferred stock units |
| 10/03/2024 | Date of signature for the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.