J.M. Smucker Director Jodi Taylor Awarded 1,466 Deferred Stock Units

Executive Summary

On October 1, 2026, Jodi Taylor, a Director of The J.M. Smucker Company ($SJM), acquired 1,466 Deferred Stock Units (DSUs) at $0.00 per unit as part of standard director equity compensation. The Form 4 was filed with the SEC on October 2, 2026.

Transaction Breakdown

• Security: Deferred Stock Units
• Transaction Code: A (Grant, award, or other acquisition pursuant to Rule 16b-3(d))
• Volume: 1,466 units
• Price: $0.00 (Standard director compensation)
• Post-Transaction Holdings: 10,396.453 units (includes shares acquired via the company's dividend reinvestment plan)
• Settlement Terms: Units convert into common shares on a 1-for-1 basis upon termination of service as a director.

Market & Trading Significance

This transaction carries Low trading significance. It represents a scheduled equity grant under the issuer's non-employee director compensation program rather than an open-market discretionary transaction. Such grants align board members' interests with shareholders over the long term but provide no predictive signal regarding near-term operational performance or stock valuation.