J M Smucker Co: director Abramo Mercedes received 1,681.61 shares

What happened Abramo Mercedes, a director, received grants of 215.61 and 1,466 deferred stock units on Oct 1, 2026. Both awards were reported at an acquisition price of $0.00, for a combined total value of $0, reported as derivative securities.

Key details

• Transaction date(s) and price(s): Oct 1, 2026 — Award (A): 215.61 units @ $0.00; Award (A): 1,466 units @ $0.00; total 1,681.61 units, total $0.
• Securities acquired: reported as derivative securities (deferred stock units).
• Shares owned after the transaction: not stated in the Form 4.
• Footnotes from the filing: F1 — "Deferred Stock Units are payable in Common Shares at a rate of 1-for-1 following termination of services as a director." F2 — "This amount includes shares acquired under the Company's dividend reinvestment plan, as administered by its transfer agent."
• Form 4 filed Oct 2, 2026 (accession 0000091419-26-000105).

Why it may matter These were awards of deferred stock units that, per the filing, convert to common shares on a 1-for-1 basis following termination of director services; they are not reported as open-market purchases or sales. A filing does not show why the insider traded or why the company acted.