Smucker CPO awarded 5,978 restricted shares
J. M. Smucker Chief People Officer Jill R. Penrose reported a compensation-related stock award and updated holdings.
Rhea-AI Filing Summary
J. M. Smucker Chief People Officer Jill R. Penrose reported a compensation-related stock award and updated holdings. She received 5,978 Common Shares as a grant at $0.00 per share, classified as a restricted stock award under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan.
The restricted stock vests in three equal annual installments beginning on June 11, 2027. Following the grant, Penrose directly holds 21,774 Common Shares. Separately, she indirectly holds 2,732 Common Shares through a 401(k) plan, which includes shares acquired via the company’s 401(k) and its dividend reinvestment plan since her last ownership report.
Positive
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Insider Trade Summary
Grant/Award: 5,978 shares
Grant/Award
2 txns
Insider
Penrose Jill R
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 5,978 | $0.00 | $0.00 |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 21,774 shares (Direct);
Common Shares — 2,732 shares (Indirect, 401(k))
Footnotes (2)
- F1. The restricted stock granted for fiscal year 2027 pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan vests in three equal annual installments beginning on June 11, 2027.
- F2. This amount includes shares acquired under (i) the Company's 401(k) plan since the date of the reporting person's last ownership report and (ii) the Company's dividend reinvestment plan as administered by its transfer agent.
Key Figures
Restricted stock grant: 5,978 shares
Direct holdings after grant: 21,774 shares
Indirect 401(k) holdings: 2,732 shares
+1 more
4 metrics
Restricted stock grant
5,978 shares
Fiscal year 2027 grant; $0.00 per share
Direct holdings after grant
21,774 shares
Common Shares held directly after 2026-06-11 transactions
Indirect 401(k) holdings
2,732 shares
Common Shares held indirectly via 401(k) plan
Vesting schedule
3 equal installments
Vesting begins June 11, 2027 for restricted stock
Key Terms
restricted stock, 2020 Equity and Incentive Compensation Plan, 401(k), dividend reinvestment plan
4 terms
restricted stock financial
"The restricted stock granted for fiscal year 2027 pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2020 Equity and Incentive Compensation Plan financial
"pursuant to The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan vests in three equal annual installments"
401(k) financial
"This amount includes shares acquired under (i) the Company's 401(k) plan since the date of the reporting person's last ownership report"
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.
dividend reinvestment plan financial
"and (ii) the Company's dividend reinvestment plan as administered by its transfer agent"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Jill R. Penrose report in her latest Form 4 for J M Smucker (SJM)?
Jill R. Penrose reported a grant of 5,978 Common Shares as restricted stock and updated her holdings. After this award, she directly owns 21,774 shares and indirectly holds 2,732 shares through the company’s 401(k) and dividend reinvestment plan.
How does the 401(k) plan affect Jill R. Penrose’s J M Smucker (SJM) holdings?
Jill R. Penrose indirectly holds 2,732 Common Shares through the company’s 401(k) plan. This amount includes shares acquired under the 401(k) and through the company’s dividend reinvestment plan since her last ownership report, as noted in the filing footnote.
Under which plan was Jill R. Penrose’s J M Smucker (SJM) stock grant issued?
The 5,978-share restricted stock grant was issued under The J. M. Smucker Company 2020 Equity and Incentive Compensation Plan. This plan governs equity-based compensation awards for eligible participants, including executives such as the Chief People Officer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
