J.M. Smucker Chief Legal Officer Disposes Shares for Tax Withholding
J M SMUCKER Co
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Filing Summary
Form 4 Filing: J M SMUCKER Co ($SJM) Insider: Jeannette L. Knudsen (Chief Legal Officer) Transaction: Tax Withholding (Code F) Shares Transacted: 1,584 @ $131.42 ($208,169.28) Shares Owned After: 15,251 (Direct) | 5,243 (Indirect - 401(k)) Significance: Low (Routine tax withholding on vesting restricted stock)
Comprehensive Analysis
Executive Summary
On September 1, 2026, Jeannette L. Knudsen, Chief Legal Officer of J M SMUCKER Co ($SJM), disposed of 1,584 common shares at an average price of $131.42, totaling $208,169.28.
Transaction Details
- Transaction Code:
F(Payment of exercise price or tax liability by delivering or withholding securities) - Context: The shares were withheld by the company to satisfy statutory tax obligations arising from the vesting of restricted stock awards granted under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan.
- Direct Holdings Post-Transaction: 15,251 common shares.
- Indirect Holdings: 5,243 common shares held via the company 401(k) plan.
Market and Sentiment Impact
- Trading Significance: Low.
- This was a non-discretionary, mandatory tax withholding transaction rather than an active open-market sale, carrying no negative directional signal regarding management's view on the company's prospects.
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