Smucker (SJM) Chief Legal Officer sells 4,353 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
J. M. Smucker’s Chief Legal Officer, Jeannette L. Knudsen, reported an open-market sale of 4,353 Common Shares at $115.08 per share. After this sale, she directly holds 16,835 Common Shares and indirectly holds 5,199 Common Shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,353 shares ($500,943)
Net Sell
2 txns
Insider
Knudsen Jeannette L
Role
Chief Legal Officer
Sold
4,353 shs ($501K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 4,353 | $115.08 | $501K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 16,835 shares (Direct, null);
Common Shares — 5,199 shares (Indirect, By 401(k))
Footnotes (1)
Key Figures
Shares sold: 4,353 shares
Sale price: $115.08 per share
Direct holdings after transaction: 16,835 shares
+1 more
4 metrics
Shares sold
4,353 shares
Open-market sale of Common Shares
Sale price
$115.08 per share
Price for the 4,353-share open-market sale
Direct holdings after transaction
16,835 shares
Common Shares held directly post-sale
Indirect 401(k) holdings
5,199 shares
Common Shares held indirectly by 401(k)
Key Terms
open-market sale, Common Shares, 401(k), indirect ownership
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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.
indirect ownership financial
"ownership_type: "indirect" for 401(k) position"
FAQ
What insider transaction did SJM’s Chief Legal Officer report?
Jeannette L. Knudsen reported selling 4,353 Common Shares. The shares were sold in an open-market transaction at $115.08 per share, as disclosed in a Form 4 insider trading report for J. M. Smucker Co.
What role does the reporting person hold at J. M. Smucker Co (SJM)?
Jeannette L. Knudsen serves as Chief Legal Officer. She is an officer, not a director or 10% owner, and her Form 4 filing details her recent sale of 4,353 Common Shares along with updated direct and indirect holdings.
Does the Form 4 for SJM include any derivative securities transactions?
No derivative securities transactions are listed in this Form 4. The filing only shows Common Share positions, including an open-market sale and a 401(k) holding entry, with no options, warrants, or other derivative instruments reported.