Abramo Mercedes 4

What Happened Mercedes Abramo, a director of J.M. Smucker Co. (SJM), received an award of 261.808 deferred stock units on April 1, 2026. The units were granted at $0.00 per share (total reported value $0) and are recorded as a derivative award. These units are payable 1-for-1 in common shares following termination of her service as a director.

Key Details

• Transaction date: 2026-04-01; filing date (Form 4): 2026-04-03 (appears timely).
• Award: 261.808 Deferred Stock Units (derivative award) issued at $0.00.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: Deferred Stock Units payable in common shares at a 1-for-1 rate after termination of director service.
  • F2: Amounts may include shares acquired under the company’s dividend reinvestment plan as administered by the transfer agent.
• No sale or purchase of cash shares occurred; this is a compensation award rather than an open-market trade.

Context Deferred stock units are a common form of director compensation and do not necessarily signal a buy or sell decision by the insider. These units convert to actual shares upon a future event (here, termination of service), so they are a future equity payout rather than an immediate purchase of stock.