Smucker (SJM) director Tarang Amin receives 262 Deferred Stock Units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AMIN TARANG reported acquisition or exercise transactions in this Form 4 filing.
J. M. Smucker Co director Tarang Amin received a grant of 261.808 Deferred Stock Units, increasing his deferred holdings to 6,958.414 units. These units are a form of director compensation that will be settled in an equal number of common shares after his service as a director ends. The total 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
AMIN TARANG
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 261.808 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 6,958.414 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 grant: 6,958.414 units
Conversion ratio: 1-for-1 into common shares
3 metrics
Deferred Stock Units granted
261.808 units
Director award on 2026-04-01
Deferred Stock Units after grant
6,958.414 units
Total deferred holdings following transaction
Conversion ratio
1-for-1 into common shares
Payable after termination of director service
Key Terms
Deferred Stock Units, dividend reinvestment plan, grant, award, or other acquisition
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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did J M Smucker (SJM) director Tarang Amin report?
Tarang Amin reported receiving a grant of 261.808 Deferred Stock Units as director compensation. These units increase his deferred equity position and will convert into an equal number of common shares after his board service ends, rather than representing an open-market share purchase.
How many Deferred Stock Units does Tarang Amin hold at J M Smucker (SJM) after this filing?
After the reported grant, Tarang Amin holds 6,958.414 Deferred Stock Units. This total reflects the new 261.808-unit award plus prior accumulated units, including amounts credited through the company’s dividend reinvestment plan as administered by its transfer agent.
When will Tarang Amin’s J M Smucker (SJM) Deferred Stock Units be paid out?
The Deferred Stock Units are payable in J. M. Smucker common shares at a 1-for-1 rate following Amin’s termination of service as a director. This means he receives actual shares only when he leaves the board rather than immediately.
Are Tarang Amin’s new J M Smucker (SJM) Deferred Stock Units an open-market purchase?
No, the 261.808 units are a grant categorized as a “grant, award, or other acquisition,” not an open-market purchase. They represent deferred compensation and will convert into common shares after his service as a director ends, instead of being bought on the market.
What role does the dividend reinvestment plan play in Tarang Amin’s J M Smucker (SJM) holdings?
The filing notes his reported amount includes shares acquired under J. M. Smucker’s dividend reinvestment plan. That plan, run by the transfer agent, credits additional shares or units when dividends are reinvested rather than paid out in cash to participants.