AMIN TARANG 4
Research Summary
AI-generated summary
J M Smucker (SJM) Director Amin Tarang Receives Deferred Stock Award
What Happened
- Amin Tarang, a director of J M Smucker Co. (SJM), was granted 246.67 deferred stock units on 2026-07-01. The reported acquisition price was $0.00 (derivative award), so no cash was paid in this transaction. The Form 4 was filed on 2026-07-02 (Accession 0000091419-26-000074).
Key Details
- Transaction type: Award/Grant (code A); derivative units reported.
- Date of transaction: 2026-07-01; filing date: 2026-07-02 (timely).
- Shares/units acquired: 246.67 units at $0.00 per unit.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1: Deferred Stock Units convert 1-for-1 into common shares following termination of director services.
- F2: The reported amount includes shares acquired under the company’s dividend reinvestment plan, as administered by the transfer agent.
Context
- This is an award of deferred stock units (a common form of director compensation), not an open-market purchase or sale. Because the units are payable in shares only after termination of service, the transaction does not reflect an immediate purchase or sale of stock and does not indicate immediate cash value realization.