secwatch.observer — SEC 8-K summary
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Issuer:     J M SMUCKER Co (SJM)
CIK:        0000091419
Form:       8-K
Filed at:   2024-08-15T23:59:59+00:00
Accession:  0000091419-24-000072
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Smucker shareholders re-elect directors, ratify auditor, approve say-on-pay; LTIP metric changed to net sales growth
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- Ten directors elected at Aug 14 annual meeting; Mark Smucker received 70.1M for, 6.7M against.
- Ratification of Ernst & Young as FY2025 auditor: 82.0M for, 7.8M against.
- Advisory vote on executive compensation approved: 72.5M for, 4.4M against.
- Compensation Committee replaced ROIC target with three-year average net sales growth for FY2025 performance units.
- Performance units now 75% based on adjusted EPS and 25% on net sales growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91419/000009141924000072/0000091419-24-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91419/000009141924000072/sjm-20240814.htm
  HTML page:      https://secwatch.observer/filing/0000091419-24-000072

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