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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.

The J. M. Smucker Company (SJM) Presents at Barclays 19th Annual Global Consumer Staples Conference Transcript

Jim Cramer called Campbell's snack quarter a nightmare and warned the whole category is broken, but two other packaged food giants reported something very different this week and raised their dividends to prove it.

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The disposition involved the sale of 84,821 shares at a weighted-average price of $131.39 per share, totaling $11.1 million. The shares traded represented 38% of the insider's total equity stake before the filing.

Consumer staples stocks were supposed to be dead money in a market where investors are looking for alpha in the artificial intelligence trade. But the sector has had some notable winners.

The executive sold 18,482 shares at a weighted-average price of $132.05, representing a total transaction value of $2.4 million. Traded shares were equal to 46% of the equity stake held before the filing.