CEO Mark Smucker Exercises Options and Sells $11.1M in Smucker Stock
SJM sits 49% above its 52-week low of $88.25.
Summary
Smucker CEO Mark Smucker exercised 84,821 options at $108.90 and sold all shares at $131.39, realizing $11.1 million and cutting his direct stake by 31%.
Key Events · Ownership and Investor Activity · SJM
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CEO Exercises Options and Sells Entire Position
Mark Smucker exercised 84,821 options at $108.90 and sold all 84,821 shares on the open market at a weighted average price of $131.39, realizing approximately $11.1 million.
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Direct Holdings Reduced by 31%
The sale reduced Smucker's direct holdings from 186,207 to 101,386 shares, a 31% decrease in his directly owned position.
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Sale Near 52-Week High
The transaction occurred at $131.39, close to the stock's 52-week high of $135.89, suggesting the CEO capitalized on recent price strength.
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No 10b5-1 Plan
The filing indicates the sale was not executed under a pre-arranged 10b5-1 trading plan, making it a discretionary decision by the CEO.
Analysis · SJM · Manufacturing
CEO Mark Smucker exercised 84,821 options at $108.90 and immediately sold all resulting shares at a weighted average price of $131.39, generating approximately $11.1 million in proceeds. The sale reduced his direct holdings by roughly 31%, from 186,207 to 101,386 shares. While option exercises and sales by executives are common, the size of this transaction — over $11 million — and the fact that it comes near the stock's 52-week high make it notable. The sale was not executed under a 10b5-1 plan, meaning it was a discretionary decision by the CEO. This is the largest insider sale in the last 90 days and contributes to a broader pattern of insider distribution at Smucker.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1973 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SJM was trading at $131.44 on NYSE in the Manufacturing sector, with a market capitalization of approximately $14B. The 52-week trading range was $88.25 to $135.89. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.