[Form 4] J M SMUCKER Co Insider Trading Activity

Rhea-AI Filing Summary

Mark T. Smucker, CEO and Chair of J M Smucker Co (SJM), reported a transaction dated 09/30/2025 in which 2,090 common shares were disposed (transaction code shown as G V) at a reported price of $0. Following the reported transaction, the filing shows 74,702 shares held directly. The Form 4 lists multiple indirect holdings including 7,345 shares via a 401(k), 60,000 via a 2025 GRAT, 19,377 via a 2024 GRAT, 41,431 via a trust, 13,002 via trust(s) for a son, 13,002 via trust(s) for a daughter, and 3,469 held by spouse. The reporting person disclaims beneficial ownership of certain shares as noted in the explanation.

Insights

Securities Analyst

TL;DR: Small disposition recorded; substantial indirect holdings remain concentrated in trusts and GRATS.

The Form 4 records a single disposal of 2,090 common shares on 09/30/2025 with a reported price of $0, consistent with a gift or similar transfer given the zero price and transaction code listed as G V. The filing shows the reporter retains 74,702 shares directly and large indirect positions across retirement and estate-planning vehicles totaling tens of thousands of shares. For investors tracking insider alignment, the absolute size of retained direct and indirect holdings is the primary takeaway rather than the small reported disposition.

Corporate Governance Expert

TL;DR: Report reflects routine insider transfer activity tied to trusts and estate vehicles, not a material change in control.

The disclosure enumerates multiple indirect ownership vehicles (401(k), two GRATs, trusts, and spouse/children beneficiary trusts), indicating estate-planning mechanisms rather than trading for cash proceeds. The filer also expressly disclaims beneficial ownership of some shares per the explanation. The single reported disposal of 2,090 shares is small relative to the aggregate position shown and does not indicate a governance change or departure risk based on the form's content.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SMUCKER MARK T

(Last) (First) (Middle)

ONE STRAWBERRY LANE

(Street)

ORRVILLE OH 44667-0280

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
J M SMUCKER Co [ SJM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO, Chair of Board

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	09/30/2025		G	V	2,090	D	$0	74,702	D
Common Shares								7,345	I	By 401(k)
Common Shares								60,000	I	By GRAT (2025)
Common Shares								19,377	I	By GRAT (2024)
Common Shares								41,431	I	By Trust
Common Shares								13,002	I	By Trusts FBO Son(1)
Common Shares								13,002	I	By Trusts FBO Daughter(1)
Common Shares								3,469	I	By Wife(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person disclaims beneficial ownership of these shares.

Remarks:

	/s/ Jeannette L. Knudsen, POA	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Mark T. Smucker report on Form 4 for SJM?

Answer: The Form 4 reports a disposal of 2,090 common shares on 09/30/2025 with a reported price of $0.

How many J M Smucker (SJM) shares does Mark T. Smucker hold directly after the reported transaction?

Answer: The filing shows 74,702 shares held directly following the reported transaction.

What indirect holdings of SJM are disclosed for Mark T. Smucker?

Answer: The Form 4 lists 7,345 shares via a 401(k), 60,000 via a 2025 GRAT, 19,377 via a 2024 GRAT, 41,431 via a trust, 13,002 via trust(s) for a son, 13,002 via trust(s) for a daughter, and 3,469 held by spouse.

Does the filing indicate the reporting person still benefits from ownership or disclaim ownership?

Answer: The filing includes an explanation stating the reporting person disclaims beneficial ownership of these shares for certain positions.

What roles does the reporting person hold at J M Smucker Co as shown on the form?

Answer: The reporting person is identified as a Director and an Officer with titles CEO, Chair of Board.