Smucker (NYSE: SJM) awards 8,650 restricted shares to senior executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ferguson Robert D reported acquisition or exercise transactions in this Form 4 filing.
J M Smucker Co reported that Chief Product Supply Officer Robert D. Ferguson received a grant of 8,650 common shares of restricted stock for fiscal year 2027 under the 2020 Equity and Incentive Compensation Plan. These restricted shares vest in three equal annual installments beginning on June 11, 2027. Following the grant, he holds 40,076 common shares directly and an additional 421 common shares indirectly through the company’s 401(k) plan, which also reflects shares accumulated via the 401(k) and dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ferguson Robert D
Role
Chief Product Supply Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 8,650 | $0.00 | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 40,076 shares (Direct, null);
Common Shares — 421 shares (Indirect, 401(K))
Footnotes (1)
- The restricted stock granted for fiscal year 2027 pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan vests in three equal annual installments beginning on June 11, 2027. This amount 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.
Key Figures
Restricted stock grant: 8,650 shares
Grant price: $0.0000 per share
Direct holdings after grant: 40,076 shares
+3 more
6 metrics
Restricted stock grant
8,650 shares
Fiscal year 2027 grant under 2020 Equity and Incentive Compensation Plan
Grant price
$0.0000 per share
Stated transaction price for restricted stock grant
Direct holdings after grant
40,076 shares
Common shares directly owned after June 11, 2026 transaction
401(k) indirect holdings
421 shares
Common shares held indirectly via company 401(k) plan
Vesting schedule
3 equal annual installments
Restricted stock vesting beginning June 11, 2027
Vesting start date
June 11, 2027
First vesting date for restricted stock grant
Key Terms
restricted stock, 2020 Equity and Incentive Compensation Plan, 401(k) plan, dividend reinvestment plan
4 terms
restricted stock financial
"The restricted stock granted for fiscal year 2027 pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan vests in three equal annual installments"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2020 Equity and Incentive Compensation Plan financial
"The restricted stock granted for fiscal year 2027 pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan vests in three equal annual installments"
401(k) plan financial
"This amount includes shares acquired under (i) the Company's 401(k) plan since the date of the reporting person's last ownership report"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
dividend reinvestment plan financial
"and (ii) the Company's dividend reinvestment plan as administered by its transfer agent"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
FAQ
What did J M Smucker (SJM) disclose about Robert D. Ferguson in this Form 4?
J M Smucker disclosed that Chief Product Supply Officer Robert D. Ferguson received a grant of 8,650 restricted common shares. The filing also updates his total direct and indirect share holdings, including shares in the company 401(k) and dividend reinvestment plans.
What compensation plan governs Robert D. Ferguson’s restricted SJM stock grant?
The restricted stock grant to Robert D. Ferguson was made under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan. This plan provides equity-based awards, such as restricted shares, to align executive compensation with company performance over time.