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Smithfield Foods (SFD) grants 93,305 RSUs to executive, withholds 14,028 shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

SMITHFIELD FOODS INC executive Steven France, President, Packaged Meats, reported routine equity compensation activity and related tax withholding. He received a grant of 93,305 shares of Common Stock in the form of restricted stock units (RSUs) at no purchase price. To cover tax obligations from vesting RSUs, 14,028 shares were withheld by the company at $23.76 per share, and no shares were sold in the market. After these transactions, France directly holds 159,457 shares of Smithfield common stock.

Positive

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Insider France Steven
Role President, Packaged Meats
Type Security Shares Price Value
Grant/Award Common Stock 93,305 $0.00 --
Tax Withholding Common Stock 14,028 $23.76 $333K
Holdings After Transaction: Common Stock — 159,457 shares (Direct, null)
Footnotes (1)
  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.
RSU grant size 93,305 shares Restricted stock unit award to Steven France
Tax-withheld shares 14,028 shares Withheld to satisfy RSU tax obligations
Withholding price $23.76 per share Value used for tax-withholding shares
Post-transaction holdings 159,457 shares Common stock directly owned after transactions
Tax-withholding transactions 1 transaction Code F, non-derivative, Common Stock
Acquisition transactions 1 transaction Code A, RSU grant, non-derivative Common Stock
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."
grant, award, or other acquisition financial
"Grant, award, or other acquisition"
payment of exercise price or tax liability by delivering securities financial
"Payment of exercise price or tax liability by delivering securities"
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FAQ

What insider transactions did Steven France report in Smithfield Foods (SFD) Form 4/A?

Steven France reported a grant of 93,305 restricted stock units and a related tax-withholding disposition of 14,028 shares. The withheld shares satisfied tax obligations from vesting RSUs, and no shares were sold in the open market.

How many Smithfield Foods (SFD) shares does Steven France hold after this Form 4/A?

Following these transactions, Steven France directly holds 159,457 shares of Smithfield Foods common stock. This figure reflects the new RSU grant and the 14,028 shares withheld to cover tax obligations related to RSU vesting.

What does the 93,305-share RSU grant to Steven France at Smithfield Foods (SFD) represent?

The 93,305 restricted stock units represent a stock-based compensation award. Each RSU is a contingent right to receive one Smithfield common share, vesting in three equal annual installments subject to Steven France’s continuous service with the company.

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

No market sales occurred. The 14,028 shares shown as a disposition were withheld by Smithfield Foods to satisfy tax withholding obligations upon RSU vesting, as disclosed, rather than sold through open-market transactions.

How and when will Steven France’s new RSUs at Smithfield Foods (SFD) vest?

The 93,305 RSUs will vest in three equal annual installments. Vesting occurs on the grant date, March 10, 2027, and March 10, 2028, provided Steven France maintains continuous service with Smithfield Foods through each vesting date.

SEC Form 4
FORM 4UNITED 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*
France Steven

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Packaged Meats
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock03/10/2026A93,305(1)A$0159,457D
Common Stock03/10/2026F(2)14,028D$23.76145,429D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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-Fact06/09/2026
** Signature of Reporting PersonDate
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)