Smucker (NYSE: SJM) Chief People Officer sells 5,000 shares in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
J M Smucker Co’s Chief People Officer Jill R. Penrose reported an open-market sale of 5,000 Common Shares at $116.695 per share. After this sale, she directly holds 15,795 Common Shares.
The filing also shows an indirect holding of 2,732 Common Shares in a 401(k) account as of the same date, reflecting shares held through a retirement plan in addition to her direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($583,475)
Net Sell
2 txns
Insider
Penrose Jill R
Role
Chief People Officer
Sold
5,000 shs ($583K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 5,000 | $116.695 | $583K |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 15,795 shares (Direct, null);
Common Shares — 2,732 shares (Indirect, 401(k))
Footnotes (1)
Key Figures
Shares sold: 5,000 shares
Sale price: $116.695 per share
Direct holdings after sale: 15,795 shares
+2 more
5 metrics
Shares sold
5,000 shares
Open-market sale of Common Shares
Sale price
$116.695 per share
Price for 5,000-share sale
Direct holdings after sale
15,795 shares
Common Shares held directly post-transaction
Indirect 401(k) holdings
2,732 shares
Common Shares held indirectly via 401(k)
Net shares sold
5,000 shares
Net buy/sell shares in transaction summary
Key Terms
open-market sale, 401(k), Common Shares, indirect ownership
4 terms
open-market sale financial
"transaction_action: "open-market sale" for 5,000 Common Shares"
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: "401(k)" for indirect Common Shares holding"
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" with ownership_code "I""
FAQ
What insider transaction did J M Smucker (SJM) report for Jill R. Penrose?
J M Smucker reported that Chief People Officer Jill R. Penrose executed an open-market sale of 5,000 Common Shares. The transaction was recorded at a price of $116.695 per share and disclosed in a Form 4 insider trading report.
Does the J M Smucker (SJM) Form 4 show any derivative securities for Jill R. Penrose?
The Form 4 does not list any derivative securities for Jill R. Penrose in the derivative summary. All disclosed holdings in this filing are in J M Smucker Common Shares, shown as either direct or indirect ownership positions.
What indirect J M Smucker (SJM) holdings does Jill R. Penrose report?
Jill R. Penrose reports 2,732 J M Smucker Common Shares held indirectly through a 401(k) account. This entry is classified as indirect ownership and reflects shares held in a retirement plan rather than in a direct brokerage account.