Smucker (SJM) executive has 1,259 shares withheld for taxes on vested stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The J. M. Smucker Co. Chief Product Supply Officer Robert D. Ferguson reported routine share withholdings to cover taxes on equity compensation. On the reported date, a total of 1,259 common shares were withheld by the company at $115.94 per share to satisfy tax liabilities upon the vesting of restricted stock under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan. The filing also notes indirect holdings of common shares in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Ferguson Robert D
Role
Chief Product Supply Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 267 | $115.94 | $31K |
| Tax Withholding | Common Shares | 476 | $115.94 | $55K |
| Tax Withholding | Common Shares | 516 | $115.94 | $60K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 39,809 shares (Direct, null);
Common Shares — 421 shares (Indirect, 401(K))
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 1,259 shares
Withholding price: $115.94 per share
Executive role: Chief Product Supply Officer
+2 more
5 metrics
Tax-withheld shares
1,259 shares
Common shares withheld to satisfy tax liability on vesting
Withholding price
$115.94 per share
Value used for tax-withholding dispositions of common shares
Executive role
Chief Product Supply Officer
Officer title of reporting person Robert D. Ferguson
Tax-withholding events
3 transactions
Number of F-code tax-withholding dispositions reported
Tax-withholding share total
1,259 shares
Aggregate F-code shares per transaction summary
Key Terms
tax-withholding disposition, restricted stock, Equity and Incentive Compensation Plan, 401(K)
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for common share entries"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock financial
"tax liability upon the vesting of restricted stock pursuant to the plan"
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.
Equity and Incentive Compensation Plan financial
"pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan"
401(K) financial
"indirect ownership nature_of_ownership listed as 401(K)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
What insider transaction did J M Smucker (SJM) report for Robert D. Ferguson?
J. M. Smucker reported that executive Robert D. Ferguson had 1,259 common shares withheld to cover tax obligations. The shares were tied to vesting restricted stock awards rather than an open-market sale, reflecting routine equity compensation tax withholding.
Was the J M Smucker (SJM) Form 4 a stock sale by the executive?
The Form 4 reflects tax-withholding dispositions, not an open-market stock sale by the executive. Shares were withheld by the company to pay taxes due on vested restricted stock, a common administrative step in equity compensation programs.