Executive Trims Holdings of Iconic Food Stock, Sells Nearly 1,500 Shares
Jill Penrose disposed of shares valued at $192,005 to cover withholding taxes tied to restricted stock vesting, leaving her with 17,089 total shares worth $2.25 million.
Chief People Officer Jill R. Penrose sold a substantial portion of her holdings in The J. M. Smucker Company, a diversified international packaged foods enterprise. On September 1, 2026, Penrose disposed of 1,461 shares of the company's stock, according to an SEC Form 4 filing. The transaction value, calculated based on the weighted average sale price of $131.42 per share, amounted to a total of $191,760.
The post-transaction value, determined by the market close on the same day, was also $131.42 per share. Smucker, with a market capitalization of $14.0 billion and $9.2 billion in TTM revenue, is known for its strong brand recognition, extensive retail distribution networks, and loyal consumer base. The company operates through iconic brands in coffee, spreads, and pet foods, and maintains competitive advantages in the consumer defensive sector.
With 8,000 employees and headquarters in Orrville, Ohio, Smucker has shown resilience, as evidenced by an 18.92% share price appreciation over the past year.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
