Smithfield (NYSE: SFD) grants 81,446 RSUs to manufacturing chief

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

4/A

Rhea-AI Filing Summary

Smithfield Foods Chief Manufacturing Officer Doug Sutton reported routine equity compensation and related tax withholding. He received an award of 81,446 restricted stock units (RSUs), each representing one share of Common Stock, vesting in three equal annual installments on the date of grant, March 10, 2027, and March 10, 2028, contingent on continued service. In a separate entry, 10,684 shares were withheld by the company at $23.76 per share to satisfy tax obligations upon RSU vesting; no shares were sold in the market. Following these transactions, Sutton directly holds 147,207 shares of Common Stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Sutton Doug

Role Chief Manufacturing Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	81,446	$0.00	--
Tax Withholding	Common Stock	10,684	$23.76	$254K

Holdings After Transaction: Common Stock — 147,207 shares (Direct, null)

Footnotes (1)

Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest in three equal annual installments on the date of grant, March 10, 2027, and March 10, 2028, subject to the Reporting Person's continuous service through such dates. Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. No shares were sold in the market as a result of the vesting of these RSUs and the satisfaction of tax withholding obligations.

Key Figures

RSUs granted: 81,446 units Tax withholding shares: 10,684 shares Withholding price: $23.76 per share +2 more

5 metrics

RSUs granted 81,446 units Award to Chief Manufacturing Officer; each RSU equals one share

Tax withholding shares 10,684 shares Shares withheld to satisfy tax obligations on RSU vesting

Withholding price $23.76 per share Value used for 10,684-share tax withholding transaction

Shares after RSU grant 147,207 shares Total Common Stock directly owned after transactions

Tax withholding RSUs 10,684 units Tax withholding count summarized in filing transactionSummary

Key Terms

restricted stock units ("RSUs"), tax withholding obligations, continuous service, vesting

4 terms

restricted stock units ("RSUs") financial

"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

tax withholding obligations financial

"Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs."

continuous service financial

"The RSUs will vest in three equal annual installments ... subject to the Reporting Person's continuous service through such dates."

vesting financial

"No shares were sold in the market as a result of the vesting of these RSUs and the satisfaction of tax withholding obligations."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/09/2026 - 04:22 PM Accepted by SEC EDGAR 06/09/2026 - 04:22 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sutton Doug

(Last)

(First)

(Middle)

C/O SMITHFIELD FOODS, INC.

200 COMMERCE STREET

(Street)

SMITHFIELD

VIRGINIA

23430

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SMITHFIELD FOODS INC [ SFD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Manufacturing Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/12/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/10/2026		A		81,446⁽¹⁾	A	$0	147,207	D
Common Stock	03/10/2026		F⁽²⁾		10,684	D	$23.76	136,523	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest in three equal annual installments on the date of grant, March 10, 2027, and March 10, 2028, subject to the Reporting Person's continuous service through such dates.

2. Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. No shares were sold in the market as a result of the vesting of these RSUs and the satisfaction of tax withholding obligations.

Remarks:

This Form 4/A amends the original Form 4 filed by the Reporting Person on March 12, 2026 (the "Original Filing"), which inadvertently omitted the Issuer's withholding of shares of Common Stock to satisfy the tax withholding obligation resulting from the vesting of RSUs awarded to the Reporting Person. This Form 4/A also corrects the amount of securities beneficially owned following the award of RSUs reported therein, as the amount shown in the Original Filing inadvertently did not take into account the Issuer's previous withholding of shares to satisfy tax obligations resulting from a vesting of RSUs.

	/s/ David Coleman, as Attorney-in-Fact	06/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Smithfield Foods (SFD) report for Doug Sutton?

Doug Sutton reported an award of 81,446 RSUs and a withholding of 10,684 shares for taxes. These transactions reflect routine equity compensation and tax settlement, not open-market buying or selling activity.

How many RSUs did Smithfield Foods (SFD) grant to its Chief Manufacturing Officer?

Smithfield Foods granted Doug Sutton 81,446 restricted stock units. Each RSU represents a contingent right to one share of Common Stock, subject to vesting conditions tied to his continued service over three annual installments.

How will Doug Sutton’s 81,446 RSUs at Smithfield Foods (SFD) vest over time?

The 81,446 RSUs will vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028. Vesting requires Doug Sutton’s continuous service with Smithfield Foods through each vesting date.

Were any Smithfield Foods (SFD) shares sold in the market in this Form 4/A?

No market sales occurred. The 10,684 shares reported with code F were withheld by Smithfield Foods to cover tax obligations on vested RSUs, with the filing specifying that no shares were sold in the market.

How many Smithfield Foods (SFD) shares does Doug Sutton hold after these transactions?

After the reported Form 4/A transactions, Doug Sutton directly owns 147,207 shares of Smithfield Foods Common Stock. This figure reflects his position following the RSU grant and the tax withholding share disposition.

What does transaction code F mean in the Smithfield Foods (SFD) Form 4/A?

Transaction code F indicates a tax-withholding disposition where shares are withheld to satisfy tax liabilities. In this filing, 10,684 shares were withheld for RSU vesting taxes, and the company notes no market sale occurred.