Form 4: J M Smucker Co Director Jay L Henderson Reports Acquisition of Deferred Stock Units

Director Jay L Henderson reports acquisition of 1,320 deferred stock units in J M Smucker Co.

Summary

• On October 1, 2024, Jay L Henderson, a director of J M Smucker Co [SJM], acquired 1,320 deferred stock units.
• These units are payable in common shares on a 1-for-1 basis following termination of services as a director.
• The reporting person directly owns 12,750.81 common shares, which includes shares acquired under the company's dividend reinvestment plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard reporting of stock unit acquisition by a director.

Future Outlook

Deferred Stock Units are payable in Common Shares at a rate of 1-for-1 following termination of services as a director.

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 can be seen as a positive sign, indicating confidence in the company's future performance.

Key Dates