Smucker (NYSE: SJM) director Mercedes Abramo receives 262 deferred stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Abramo Mercedes reported acquisition or exercise transactions in this Form 4 filing.
J M Smucker Co director Mercedes Abramo received a grant of 261.808 Deferred Stock Units on Common Shares-equivalent basis. These units were awarded as compensation and increase her deferred stock unit balance to 5,969.153 units held directly.
Deferred Stock Units are payable in Common Shares at a 1-for-1 rate after her service as a director ends, and the reported amount also reflects shares accumulated through the company’s dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Abramo Mercedes
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 261.808 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 5,969.153 shares (Direct)
Footnotes (1)
- Deferred Stock Units are payable in Common Shares at a rate of 1-for-1 following termination of services as a director. This amount includes shares acquired under the Company's dividend reinvestment plan, as administered by its transfer agent.
Key Figures
Deferred Stock Units granted: 261.808 units
Deferred Stock Units after transaction: 5,969.153 units
Conversion rate: 1-for-1 into Common Shares
+1 more
4 metrics
Deferred Stock Units granted
261.808 units
Grant on 2026-04-01
Deferred Stock Units after transaction
5,969.153 units
Total DSUs held directly after grant
Conversion rate
1-for-1 into Common Shares
Payout following termination of director service
Transaction price per unit
0.0000
Compensation grant, not open-market purchase
Key Terms
Deferred Stock Units, dividend reinvestment plan, Common Shares
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.
dividend reinvestment plan financial
"includes shares acquired under the Company's dividend reinvestment plan"
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 insider transaction did SJM director Mercedes Abramo report?
Mercedes Abramo reported receiving 261.808 Deferred Stock Units as a compensation grant. These derivative units are tied to J M Smucker Common Shares on a 1-for-1 basis and increase her deferred holdings to 5,969.153 units.
Is the SJM Form 4 transaction a purchase or a grant?
The transaction is a grant, not an open-market purchase. Abramo received 261.808 Deferred Stock Units at a stated price of 0.0000 per unit as part of director compensation, rather than choosing to buy shares in the market.
How many Deferred Stock Units does Mercedes Abramo now hold at SJM?
Following the reported grant, Abramo holds a total of 5,969.153 Deferred Stock Units. Each unit is tied to one J M Smucker Common Share and is generally payable in shares after her service as a director ends, according to the filing footnotes.
When will SJM Deferred Stock Units for Mercedes Abramo be paid out?
The Deferred Stock Units are payable in Common Shares after Abramo’s service as a director terminates. The filing specifies a 1-for-1 conversion rate into Common Shares, linking the value of the grant to the company’s future share price at payout.
What does the dividend reinvestment plan note mean in the SJM Form 4?
The filing states the reported total includes shares acquired under the company’s dividend reinvestment plan. This indicates some of Abramo’s deferred holdings have grown as dividends were automatically reinvested into additional units administered by the transfer agent.