Marshall Tucker H 4
Research Summary
AI-generated summary
J M Smucker CFO Marshall Tucker Receives 731-Share Restricted Award
What Happened
- Marshall Tucker H, Chief Financial Officer of The J. M. Smucker Co. (SJM), was granted 731 restricted shares on 2026-03-20. The report shows the acquisition price as $0.00 because this is an equity award (code A — grant/award).
- This is a grant of restricted stock (not an open-market buy or sale), so it does not represent an immediate cash purchase or sale by the insider.
Key Details
- Transaction date: 2026-03-20; Report filed: 2026-03-23 (timely filing).
- Amount granted: 731 restricted shares; acquisition price reported as $0.00.
- Vesting: Per footnote, the restricted shares vest in three equal annual installments beginning March 20, 2027.
- Additional note from filing: the reported ownership amount includes shares acquired under the company’s 401(k) plan and the dividend reinvestment plan since the last ownership report (per footnote F2).
- Shares owned after the transaction were not specified in the provided summary.
Context
- Restricted stock awards are typical executive compensation. Because these shares vest over time, they are intended to incentivize retention and alignment with long-term performance rather than indicate an immediate trading signal.
- This transaction is an award (A), not a sale or purchase; no immediate cash changed hands for the insider.