J M Smucker director gets deferred stock units
J M Smucker Co director Perry Kirk received 261.808 Deferred Stock Units on Common Shares.
Rhea-AI Filing Summary
J M Smucker Co director Perry Kirk received 261.808 Deferred Stock Units on Common Shares. These units were granted at a stated price of $0.0000 per unit and increase his directly held Deferred Stock Units to 22,527.129. Deferred Stock Units are payable in Common Shares on a 1-for-1 basis following the end of his service as a director.
The reported holdings include shares acquired under the company’s dividend reinvestment plan administered by its transfer agent, indicating automatic reinvestment of dividends into additional share-based interests rather than cash payments.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 261.808 shares
Grant/Award
1 txn
Insider
Perry Kirk
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 261.808 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 22,527.129 contracts (Direct)
Footnotes (2)
- F1. Deferred Stock Units are payable in Common Shares at a rate of 1-for-1 following termination of services as a director.
- F2. 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 transaction: 22,527.129 units
Grant price per unit: $0.0000 per unit
+1 more
4 metrics
Deferred Stock Units granted
261.808 units
Award on Deferred Stock Units, underlying Common Shares
Deferred Stock Units after transaction
22,527.129 units
Total directly held following reported grant
Grant price per unit
$0.0000 per unit
Stated transaction price for Deferred Stock Units
Conversion rate
1-for-1
Deferred Stock Units payable in Common Shares after director service
Key Terms
Deferred Stock Units, Common Shares, dividend reinvestment plan, transfer agent
4 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.
transfer agent financial
"dividend reinvestment plan, as administered by its transfer agent"
A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Perry Kirk report at J M Smucker (SJM)?
Director Perry Kirk reported receiving 261.808 Deferred Stock Units linked to J M Smucker Common Shares. This award was recorded at a stated price of $0.0000 per unit and is structured to convert into Common Shares after his service as a director ends.
How many J M Smucker Deferred Stock Units does Perry Kirk hold after this Form 4?
After this transaction, Perry Kirk holds a total of 22,527.129 Deferred Stock Units directly. This total includes the newly acquired 261.808 units and also reflects shares accumulated under the company’s dividend reinvestment plan administered by its transfer agent.
What are Deferred Stock Units in the J M Smucker (SJM) filing?
Deferred Stock Units in this filing are instruments payable in J M Smucker Common Shares at a 1-for-1 rate. They convert into Common Shares only after the individual’s service as a director ends, effectively deferring receipt of the underlying equity until that termination event.
When will Perry Kirk’s J M Smucker Deferred Stock Units be paid out?
Perry Kirk’s Deferred Stock Units will be paid out following the termination of his service as a director. At that time, they are settled in J M Smucker Common Shares on a 1-for-1 basis, matching each Deferred Stock Unit to one Common Share under the plan’s terms.
Does the Form 4 mention dividend reinvestment for Perry Kirk’s SJM holdings?
Yes. The filing notes that the reported amount includes shares acquired under J M Smucker’s dividend reinvestment plan. That plan, administered by the company’s transfer agent, reinvests dividends into additional share-based interests rather than distributing those dividends solely in cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.
