Smucker (NYSE: SJM) director receives new deferred stock unit grant

Rhea-AI Filing Summary

Chung Bruce reported acquisition or exercise transactions in this Form 4 filing.

J M Smucker director Bruce Chung received a grant of 228.54 Deferred Stock Units as equity compensation. These units carry a stated price of $0.00 per unit and increase his deferred stock unit holdings to 506.444 units.

The Deferred Stock Units are payable in Common Shares on a 1‑for‑1 basis after Chung’s service as a director ends, effectively deferring ownership of company stock. The reported amount includes shares accumulated through the company’s dividend reinvestment plan administered by its transfer agent.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Chung Bruce

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	228.54	$0.00	--

Holdings After Transaction: Deferred Stock Units — 506.444 shares (Direct, null)

Footnotes (1)

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: 228.54 units Deferred stock units after grant: 506.444 units Grant price per unit: $0.00 per unit +1 more

4 metrics

Deferred stock units granted 228.54 units Grant to director Bruce Chung on 2026-07-01

Deferred stock units after grant 506.444 units Total deferred stock units held by Bruce Chung following transaction

Grant price per unit $0.00 per unit Stated transaction price for Deferred Stock Units

Conversion rate to Common Shares 1-for-1 Deferred Stock Units payable in Common Shares after board service ends

Key Terms

Deferred Stock Units, dividend reinvestment plan, Common Shares

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, as administered"

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.

Common Shares financial

"Deferred Stock Units are payable in Common Shares at a rate of 1-for-1"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:34 PM Accepted by SEC EDGAR 07/02/2026 - 04:34 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Chung Bruce

(Last) (First) (Middle)

ONE STRAWBERRY LANE

(Street)

ORRVILLE OHIO 44667

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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

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

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

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
Deferred Stock Units	(1)	07/01/2026		A		228.54		(1)	(1)	Common Shares	228.54	$0	506.444(2)	D

Explanation of Responses:

1. Deferred Stock Units are payable in Common Shares at a rate of 1-for-1 following termination of services as a director.

2. This amount includes shares acquired under the Company's dividend reinvestment plan, as administered by its transfer agent.

Remarks:

	/s/ Jeannette L. Knudsen, POA	07/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did J M Smucker (SJM) director Bruce Chung report?

Director Bruce Chung reported receiving 228.54 Deferred Stock Units as equity compensation. This award was recorded at a price of $0.00 per unit and increased his total deferred stock unit holdings to 506.444, according to the Form 4 filing details.

How many J M Smucker deferred stock units does Bruce Chung now hold?

After the latest grant, Bruce Chung holds 506.444 Deferred Stock Units. This total includes the 228.54 units granted on the transaction date and units accumulated under the company’s dividend reinvestment plan, as administered by its transfer agent for directors.

How are Bruce Chung’s Deferred Stock Units in J M Smucker (SJM) settled?

The Deferred Stock Units are payable in J M Smucker Common Shares at a 1‑for‑1 rate. Settlement occurs following the termination of Chung’s service as a director, effectively deferring receipt of the underlying common shares until he leaves the board.

Did Bruce Chung pay cash for the 228.54 Deferred Stock Units in SJM?

No, the 228.54 Deferred Stock Units were granted at a stated price of $0.00 per unit. This indicates an equity-based compensation award rather than an open‑market purchase, consistent with typical director compensation structures using deferred stock units.

What role does the dividend reinvestment plan play in Bruce Chung’s SJM holdings?

The reported holdings include shares acquired through the company’s dividend reinvestment plan. This plan, administered by the transfer agent, uses dividends to acquire additional interests, which are reflected in the total of 506.444 Deferred Stock Units disclosed in the Form 4.