J.M. Smucker Chief Product Supply Officer Sells $334K in Common Shares

Insider Filing Analysis: J M SMUCKER Co ($SJM)

Executive Summary

On September 2, 2026, Robert D. Ferguson, Chief Product Supply Officer at The J. M. Smucker Company, reported the disposition of shares totaling $333,938.02 via an open-market sale, as well as a share withholding transaction for tax liabilities.

Transaction Details

• Open-Market Sale (Code S): On August 31, 2026, the insider sold 2,522 Common Shares at a price of $132.41 per share, generating gross proceeds of $333,938.02.
• Tax Withholding (Code F): On September 1, 2026, 1,121 Common Shares were withheld at $131.42 per share ($147,321.82) to satisfy tax withholding obligations upon the vesting of restricted stock.
• Post-Transaction Holdings: Following these transactions, the insider directly owns 35,174 Common Shares and indirectly holds 425 Common Shares through a 401(k) plan.

Significance and Context

• Trading Significance: Low. The open-market sale represents a modest fraction (~6.7%) of the insider's direct holding prior to the transactions, and the remaining disposition was a standard tax withholding related to equity vesting.
• 10b5-1 Plan Indicator: No Rule 10b5-1 plan box was checked on the filing.