Smucker CEO Sells Shares for $11.1 Million
Mark T. Smucker, CEO and Chair of The J.M. Smucker Company (SJM), sold 84,821 shares on August 31, 2026, in a routine exercise-and-sell transaction as disclosed via an SEC Form 4 filing. He exercised stock options at $108.90 per share and immediately sold the resulting common stock for a weighted average price of $131.39, totaling approximately $11.1 million. The sale appears to be part of standard executive compensation practices rather than an indication of concern about company performance or market conditions. Smucker still holds over 224,000 shares in total (both directly and indirectly), with a combined value exceeding $29.44 million as of the transaction date. The J.M. Smucker Company operates across three major U.S. retail divisions—Pet Foods, Coffee, and Consumer Foods—and has shown recent signs of recovery after experiencing volatility earlier this year.
Tickers: $SJM