Perry Kirk 4
Research Summary
AI-generated summary
J M SMUCKER (SJM) Director Perry Kirk Receives 261.808-Share Award
What Happened
Perry Kirk, a director of J M SMUCKER Co. (SJM), received an award of 261.808 deferred stock units (DSUs) on April 1, 2026. The units were granted at a $0.00 purchase price (derivative award) and will be settled in common shares according to the company’s terms. This is a compensation award to a director, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (timely filing).
- Transaction type/code: Award/Grant (A); 261.808 units acquired at $0.00 (derivative).
- Shares owned after transaction: not specified in the provided filing summary.
- Footnote F1: DSUs are payable in common shares on a 1-for-1 basis following termination of director services.
- Footnote F2: Amount may include shares acquired under the company’s dividend reinvestment plan as administered by its transfer agent.
Context
Deferred stock units are a common form of director compensation that defer receipt of shares until the director leaves the board or at a specified settlement date. Because these are compensation awards (not purchases or sales), they do not necessarily signal insider buying interest; they reflect routine pay practices. For retail investors, awards increase potential future dilution when settled but are standard for non-employee directors.