SMUCKER MARK T 4
Research Summary
AI-generated summary
J M Smucker CEO Mark T. Smucker Sells 462.66 Shares
What Happened
- Mark T. Smucker, CEO, Chairman and Director of J M Smucker Co. (SJM), reported two open-market sales (code S) on 2026-03-10 totaling 462.66 shares. The sales were for 231.33 shares at $108.97 (proceeds $25,208) and 231.33 shares at $108.86 (proceeds $25,183), for combined gross proceeds of $50,391. This was a sale (not a purchase), which is commonly a routine liquidity event and does not necessarily indicate a change in company outlook.
Key Details
- Transaction dates and prices:
- 2026-03-10: 231.33 shares sold at $108.97 — $25,208
- 2026-03-10: 231.33 shares sold at $108.86 — $25,183
- Total shares sold: 462.66; total proceeds: $50,391.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1: The reporting person disclaims beneficial ownership of these shares.
- F2/F3: References that certain reported share amounts include shares acquired via the company 401(k) and the dividend reinvestment plan (DRIP) as administered by the transfer agent.
- Filing timeliness: Report was filed on 2026-03-11 for transactions on 2026-03-10 (filed within the usual Form 4 time window).
Context
- Sales by executives are often routine (portfolio diversification, tax planning, withholding) and do not by themselves imply a change in view of the company. No indication in the filing of a 10b5-1 plan, option exercise, gift, or tax-withholding event related to these specific transactions.