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

Sentiment:

SEC Form 4 Filing


Susan Chapman-Hughes, a director of J M Smucker Co, reported the acquisition of 1,320 deferred stock units on October 1, 2024.

Summary

  • On October 1, 2024, Susan Chapman-Hughes, a director of J M Smucker Co, acquired 1,320 deferred stock units.
  • These deferred stock units are payable in common shares on a 1-for-1 basis following the termination of her services as a director.
  • Following the transaction, Chapman-Hughes directly owns 6,755.453 common shares, which includes shares acquired under the company's dividend reinvestment plan.
  • The price of the derivative security is $0.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider trading. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The deferred stock units will be converted to common shares upon the director's termination of service, potentially increasing the number of outstanding shares.

Industry Context

This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies to ensure transparency and compliance with securities regulations.

Key Dates

DateDescription
10/01/2024Date of transaction: Acquisition of 1,320 deferred stock units.
10/03/2024Date of report filing.

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