J M Smucker CLO has 1,584 shares withheld
Chief Legal Officer Jeannette L. Knudsen had shares withheld for taxes on vested restricted stock, leaving direct and indirect holdings in J. M. Smucker common shares.
Rhea-AI Filing Summary
J M SMUCKER Co (SJM) executive Jeannette L. Knudsen, Chief Legal Officer, reported that on September 1, 2026, 1,584 common shares were withheld by the company at $131.42 per share to satisfy tax liability upon the vesting of restricted stock under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan. Following this tax-withholding disposition, she directly held 15,251 common shares and indirectly held 5,243 common shares through a 401(k) and dividend reinvestment plan; no Rule 10b5-1 trading plan is reported.
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Insider Trade Summary
Tax Withholding: 1,584 shares
Tax Withholding
2 txns
Insider
Knudsen Jeannette L
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares F1 | 1,584 | $131.42 | $208K |
| holding | Common Shares F2 | -- | -- | -- |
Holdings After Transaction:
Common Shares — 15,251 shares (Direct);
Common Shares — 5,243 shares (Indirect, By 401(k))
Footnotes (2)
- F1. Smucker common shares withheld by the Company to satisfy tax liability upon the vesting of restricted stock pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan.
- F2. 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
Shares withheld for tax liability: 1,584 common shares
Withholding price per share: $131.42 per share
Direct holdings after transaction: 15,251 common shares
+1 more
4 metrics
Shares withheld for tax liability
1,584 common shares
Withheld on September 1, 2026 upon vesting of restricted stock
Withholding price per share
$131.42 per share
Price used for withholding 1,584 common shares
Direct holdings after transaction
15,251 common shares
Direct ownership by Jeannette L. Knudsen following the tax-withholding disposition
Indirect holdings
5,243 common shares
Indirect ownership by 401(k) and dividend reinvestment plan as of September 1, 2026
Key Terms
restricted stock, dividend reinvestment plan, 401(k) plan, Equity and Incentive Compensation Plan
4 terms
restricted stock financial
"tax liability upon the vesting of restricted stock pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation 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.
dividend reinvestment plan financial
"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.
401(k) plan financial
"shares acquired under (i) the Company's 401(k) plan since the date"
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.
Equity and Incentive Compensation Plan financial
"pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan"
FAQ
What transaction did SJM’s Chief Legal Officer report on September 1, 2026?
On September 1, 2026, SJM Chief Legal Officer Jeannette L. Knudsen had 1,584 common shares withheld by the company at $131.42 per share to pay tax liability upon the vesting of restricted stock under the 2020 Equity and Incentive Compensation Plan.
What indirect SJM holdings does Jeannette L. Knudsen report?
Jeannette L. Knudsen reports indirect ownership of 5,243 J. M. Smucker common shares, held by 401(k> and through the company’s dividend reinvestment plan, with the amount including shares acquired since her last ownership report.
Was the SJM insider transaction made under a Rule 10b5-1 plan?
No. The Form 4 indicates no Rule 10b5-1 trading plan for the reported transactions involving J. M. Smucker common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
