Form 4: Smucker Chairman Emeritus Gifts 50,000 Shares

Richard K. Smucker, Chairman Emeritus of J M Smucker Co, reported gifting 50,000 common shares of the company's stock.

Summary

• Richard K. Smucker, Chairman Emeritus of J M Smucker Co (SJM), disposed of 50,000 common shares.
• The transaction, identified as a gift (transaction code 'G'), occurred on September 30, 2025, with a reported price of $0 per share.
• Following this gift, Mr. Smucker directly holds 559,259 common shares.
• The transaction was executed pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.
• Mr. Smucker also reported indirect beneficial ownership of 1,173,366 shares held in various trusts for family members (Wife's Estate, Grandchildren, Daughter, Brother), but explicitly disclaims beneficial ownership of these indirectly held shares.

Sentiment

Score: 5

Explanation: Neutral. A routine insider gift, often for estate planning or philanthropic purposes, does not inherently indicate positive or negative sentiment towards the company's performance or outlook.

Related Party Transactions

• Richard K. Smucker gifted 50,000 common shares. While the specific recipient of the gift is not detailed, such transactions are often made to family members or charitable organizations, which could be considered related parties. Mr. Smucker also holds shares indirectly through trusts for his wife's estate, grandchildren, daughter, and brother, though he disclaims beneficial ownership of these shares.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a relatively small transaction for a company of J M Smucker Co's size.
• No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.

Key Dates

Keywords

J M Smucker Co, SJM, Richard K. Smucker, Insider Transaction, Form 4, Share Gift, Chairman Emeritus, Equity Disposal, 10b5-1 Plan