J M Smucker (SJM) CPO receives 613-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Penrose Jill R reported acquisition or exercise transactions in this Form 4 filing.
J. M. Smucker Chief People Officer Jill R. Penrose received an equity award of 613 common shares. The shares are restricted stock granted for fiscal year 2026 under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan and carry no purchase price.
The restricted shares vest in three equal annual installments beginning on March 20, 2027. After this grant, Penrose directly holds 15,796 common shares. She also indirectly holds 2,703 common shares through a 401(k) account, which includes shares accumulated via the company’s 401(k) plan and its dividend reinvestment plan since her last ownership report.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Penrose Jill R
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 613 | $0.00 | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 15,796 shares (Direct);
Common Shares — 2,703 shares (Indirect, 401(k))
Footnotes (1)
- The restricted stock granted for fiscal year 2026 pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan vests in three equal annual installments beginning on March 20, 2027. This amount also includes shares acquired under (i) the Company's 401(k) plan since the date of the reporting person's last ownership report and (ii) the Company's dividend reinvestment plan as administered by its transfer agent.
FAQ
What did J M Smucker (SJM) insider Jill R. Penrose report on this Form 4?
Jill R. Penrose, Chief People Officer of J. M. Smucker, reported receiving an award of 613 restricted common shares. The grant is compensation, not an open-market purchase, and is part of the company’s 2020 Equity and Incentive Compensation Plan for fiscal year 2026.
What are the vesting terms of Jill R. Penrose’s new restricted stock in J M Smucker (SJM)?
The 613 restricted common shares granted to Jill R. Penrose vest in three equal annual installments. Vesting begins on March 20, 2027, under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan, tying the award to multi-year service and retention objectives.
Was Jill R. Penrose’s J M Smucker (SJM) Form 4 transaction a stock purchase or sale?
The Form 4 shows a grant of 613 restricted common shares to Jill R. Penrose as compensation, coded as a grant or award acquisition. It is not an open-market stock purchase or sale, and no transaction price per share is associated with this award.
What does the 401(k) holding entry mean in the J M Smucker (SJM) Form 4 for Jill R. Penrose?
The indirect 401(k) holding entry shows 2,703 common shares held through a 401(k) account. This amount also includes shares acquired since her last report under the company’s 401(k) plan and its dividend reinvestment plan as administered by the transfer agent.
Under which plan was Jill R. Penrose’s J M Smucker (SJM) restricted stock granted?
The 613 restricted common shares reported for Jill R. Penrose were granted under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan. This plan provides equity-based compensation, and the reported award relates specifically to fiscal year 2026.