Marshall Tucker H 4

What Happened

• Marshall H. Tucker, Chief Financial Officer of J M Smucker Co. (SJM), had 1,473 shares of Smucker common stock withheld by the company to satisfy tax withholding upon vesting of restricted stock. The shares were withheld at $115.94 per share in three transactions: 587 shares ($68,057), 203 shares ($23,536), and 683 shares ($79,187), for a total value of approximately $170,780. This is a tax-withholding disposition (not an open-market sale) and is typically a routine administrative action following vesting.

Key Details

• Transaction date: 2026-06-15; filing date: Form 4 filed 2026-06-16 (timely).
• Price per share: $115.94.
• Shares withheld/disposed: 587; 203; 683 — total 1,473 shares; total value ≈ $170,780.
• Footnote: F1 — shares were withheld by the company to satisfy tax liability upon vesting under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Transaction code: F (tax withholding on vested restricted stock), not a market sale or purchase.

Context

• This was a tax-withholding event tied to the vesting of restricted stock (a cashless settlement), not an indication that the CFO sold shares on the open market. Such withholdings are routine and don't necessarily reflect the insider's view on the company; purchases or open-market sales are generally more informative about intent.