Form 4: J M Smucker Co Director, Tarang Amin, Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Tarang Amin reports acquiring deferred stock units in J M Smucker Co, payable in common shares following termination of service.
Summary
- On July 1, 2024, Tarang Amin, a director of J M Smucker Co, acquired 226.224 deferred stock units.
- These units are payable in common shares on a 1-for-1 basis after termination of service as a director.
- Following the transaction, Amin directly owns 2,180.411 common shares, which includes shares acquired under the company's dividend reinvestment plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard regulatory filing detailing stock transactions.
Future Outlook
The deferred stock units will be converted to common shares upon termination of service 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 transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Acquisition of deferred stock units |
| 07/03/2024 | Date of signature for the report |
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