J M Smucker (NYSE: SJM) director lists 275 deferred stock units
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
J M Smucker Co director Bruce Chung reported holdings of deferred stock units tied to the company’s common shares. He holds 274.8980 deferred stock units, each payable in one common share on a 1-for-1 basis following his termination of service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chung Bruce
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Deferred Stock Units | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 274.898 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Deferred stock units held: 274.8980 units
Underlying common shares: 274.8980 shares
Conversion price: $0.0000 per unit
3 metrics
Deferred stock units held
274.8980 units
Reported holdings in deferred stock units linked to common shares
Underlying common shares
274.8980 shares
Payable 1-for-1 in common shares after director’s service ends
Conversion price
$0.0000 per unit
Conversion or exercise price for deferred stock units
Key Terms
Deferred Stock Units, Common Shares, termination of services as a director
3 terms
Deferred Stock Units financial
"Deferred Stock Units are payable in Common Shares at a rate of 1-for-1"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
termination of services as a director financial
"following termination of services as a director"
FAQ
How many deferred stock units does Bruce Chung report holding in SJM?
Bruce Chung reports holding 274.8980 deferred stock units in J M Smucker Co. According to the disclosure, each deferred stock unit is payable in one common share on a 1-for-1 basis after his service as a director ends.
What security is underlying Bruce Chung’s deferred stock units at SJM?
The deferred stock units reported by Bruce Chung are linked to Common Shares of J M Smucker Co. The filing states they are payable in common shares at a 1-for-1 rate after his termination of service as a director.
When are Bruce Chung’s SJM deferred stock units payable?
Bruce Chung’s deferred stock units become payable following his termination of services as a director of J M Smucker Co. At that time, they are settled in common shares on a 1-for-1 basis, matching each unit to one common share.
What is the exercise or conversion price of Bruce Chung’s deferred stock units?
The disclosed conversion or exercise price of Bruce Chung’s deferred stock units is $0.0000 per unit. These units are payable in J M Smucker Co common shares at a 1-for-1 rate after his board service ends, rather than involving a cash exercise payment.
Are Bruce Chung’s deferred stock units in SJM held directly or indirectly?
The filing shows Bruce Chung’s 274.8980 deferred stock units as direct holdings. The ownership code is listed as “D,” and the nature of ownership field does not indicate any intermediary entity, such as a trust or partnership.