J. M. Smucker (SJM) CEO reports 12,677 shares withheld for tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
J. M. Smucker Co CEO Mark T. Smucker reported compensation-related share activity in Common Shares. On June 15, 2026, a total of 12,677 shares were withheld 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. One withholding of 11,448 shares left 95,009 direct shares in that account, and a separate withholding of 1,229 shares left 106,457 direct shares in another. The filing also lists indirect holdings, including shares held by his wife, various trusts for his children, a GRAT, and a 401(k), with beneficial ownership of certain of these indirect positions disclaimed.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
SMUCKER MARK T
Role
CEO, Chair of Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 1,229 | $115.94 | $142K |
| Tax Withholding | Common Shares | 11,448 | $115.94 | $1.33M |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 106,457 shares (Direct, null);
Common Shares — 7,576 shares (Indirect, By 401(k))
Footnotes (1)
- 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. The reporting person disclaims beneficial ownership of these shares.
Key Figures
Tax-withheld shares (larger entry): 11,448 shares at $115.94
Tax-withheld shares (smaller entry): 1,229 shares at $115.94
Total shares withheld for taxes: 12,677 shares
+5 more
8 metrics
Tax-withheld shares (larger entry)
11,448 shares at $115.94
F-code tax-withholding disposition on June 15, 2026
Tax-withheld shares (smaller entry)
1,229 shares at $115.94
F-code tax-withholding disposition on June 15, 2026
Total shares withheld for taxes
12,677 shares
Combined F-code tax-withholding shares on June 15, 2026
Direct holding after larger withholding
95,009 shares
Direct common shares following 11,448-share tax withholding
Direct holding after smaller withholding
106,457 shares
Direct common shares following 1,229-share tax withholding
Indirect holding by wife
3,469 shares
Common shares held indirectly by wife
Indirect holding by 2025 GRAT
60,000 shares
Common shares held indirectly by GRAT (2025)
Indirect holding by 401(k)
7,576 shares
Common shares held indirectly via 401(k)
Key Terms
restricted stock, Equity and Incentive Compensation Plan, tax liability, GRAT, +2 more
6 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.
Equity and Incentive Compensation Plan financial
"pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan"
tax liability financial
"withheld by the Company to satisfy tax liability upon the vesting of restricted stock"
GRAT financial
"nature_of_ownership": "By GRAT (2025)""
401(k) financial
"nature_of_ownership": "By 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.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transactions did J. M. Smucker (SJM) CEO Mark Smucker report?
Mark T. Smucker reported tax-related dispositions, not market sales. On June 15, 2026, 12,677 J. M. Smucker common shares were withheld to cover tax liabilities arising from vesting restricted stock awards under the company’s 2020 Equity and Incentive Compensation Plan.
Were Mark Smucker’s J. M. Smucker (SJM) Form 4 transactions open-market sales?
No, the Form 4 shows F-code tax-withholding transactions, not open-market sales. Shares were delivered back to the company at $115.94 per share to satisfy tax obligations tied to vesting restricted stock, a routine compensation mechanism.
What are Mark Smucker’s direct J. M. Smucker (SJM) holdings after the Form 4 transactions?
After the reported tax-withholding dispositions, one direct holding line shows 95,009 J. M. Smucker common shares and another shows 106,457 shares. These reflect remaining direct ownership positions following the respective 11,448-share and 1,229-share tax-withholding entries.
What indirect J. M. Smucker (SJM) holdings are reported for Mark Smucker?
The filing lists indirect ownership in common shares held by his wife, trusts for his daughter and son, a trust, a 2025 GRAT, and a 401(k). The footnotes state that the reporting person disclaims beneficial ownership of certain of these indirect holdings.
What plan governed the restricted stock in Mark Smucker’s J. M. Smucker (SJM) filing?
The restricted stock referenced in the Form 4 vested under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan. Shares were withheld by the company to cover related tax liabilities as the awards vested, according to the footnote disclosure.