Form 4: J M Smucker Co Director Jonathan E. Johnson III Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Jonathan E. Johnson III reports acquiring 1,320 deferred stock units in J M Smucker Co on October 1, 2024.
Summary
- On October 1, 2024, Jonathan E. Johnson III, a director of J M Smucker Co, acquired 1,320 deferred stock units.
- These units are payable in common shares on a 1-for-1 basis following the termination of his services as a director.
- Following the transaction, Johnson beneficially owns 4,216.199 common shares, which includes shares acquired under the company's dividend reinvestment plan.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard transaction of deferred stock units, indicating alignment between the director and the company's long-term performance.
Positives
- The acquisition of deferred stock units by a director signals confidence in the company's future performance.
Future Outlook
The deferred stock units will be payable in common shares following termination of services as a director.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of deferred stock units by a director can positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of transaction: Jonathan E. Johnson III acquired 1,320 deferred stock units. |
| 10/03/2024 | Date of report: Form 4 filing date. |
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