Ferguson Robert D 4
Research Summary
AI-generated summary
J M Smucker (SJM) Robert D. Ferguson Surrenders Shares for Taxes
What Happened
Robert D. Ferguson, Chief Product Supply Officer at J M Smucker (SJM), had 1,259 shares withheld/ surrendered to satisfy tax withholding upon the vesting of restricted stock. The withholding occurred on 2026-06-15 at an effective per-share value of $115.94, for a total value of approximately $145,968 (three withholdings: 267, 476 and 516 shares).
Key Details
- Transaction date: 2026-06-15; filing date: 2026-06-16 (timely filing).
- Prices and quantities: 267 shares @ $115.94 = $30,956; 476 shares @ $115.94 = $55,187; 516 shares @ $115.94 = $59,825.
- Total shares surrendered: 1,259; total value ≈ $145,968.
- Shares owned after transaction: not specified in this filing.
- Footnote: F1 — shares were withheld by the Company to satisfy tax liability upon the vesting of restricted stock under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan.
- Transaction code: F (tax withholding on vested awards) — this is routine withholding, not an open-market sale.
Context
This was a tax-withholding/settlement of vested restricted stock (commonly called a share surrender or cashless withholding). Such transactions are administrative and do not necessarily reflect the insider’s view on the company’s stock; they differ from open-market sales or purchases.