Smithfield Foods (SFD) director granted 6,915 restricted stock units, now holds 15,915 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Starling Raymond A reported acquisition or exercise transactions in this Form 4 filing.
SMITHFIELD FOODS INC director Raymond A. Starling received a grant of 6,915 restricted stock units (RSUs) of Common Stock. The award was made at no cash cost per share and increases his direct holdings to 15,915 shares after the reported transaction.
Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on the day of the annual meeting of the company's shareholders to occur in 2027, linking the director's compensation to the company’s future performance and continued service through that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Starling Raymond A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,915 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,915 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 6,915 units
Price per RSU: $0.00 per unit
Total holdings after grant: 15,915 shares
+1 more
4 metrics
RSU grant size
6,915 units
Restricted stock units of Common Stock awarded to director
Price per RSU
$0.00 per unit
Grant, award, or other acquisition with no cash cost
Total holdings after grant
15,915 shares
Common Stock directly owned following the transaction
RSU vesting timing
2027 annual meeting
RSUs vest on the day of the 2027 shareholder meeting
Key Terms
restricted stock units, RSUs, contingent right, annual meeting of the Company's shareholders
4 terms
restricted stock units 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 are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock."
FAQ
What insider transaction did SMITHFIELD FOODS (SFD) report for Raymond A. Starling?
SMITHFIELD FOODS reported that director Raymond A. Starling received 6,915 restricted stock units of Common Stock as a compensation grant. These RSUs were awarded at no cash cost per share and represent additional equity-based incentives tied to the company’s future performance.
What are the key terms of the restricted stock units granted by SMITHFIELD FOODS (SFD)?
The grant consists of 6,915 restricted stock units, each equal to one share of Common Stock upon vesting. The RSUs were issued at a price of $0.00 per unit and are structured as equity compensation to align the director’s interests with long-term shareholder value.
When will Raymond A. Starling’s SMITHFIELD FOODS (SFD) RSUs vest?
The restricted stock units granted to Raymond A. Starling will vest on the day of SMITHFIELD FOODS’ annual meeting of shareholders to occur in 2027. Vesting is contingent on continued service through that meeting date under the award’s terms.
Was the SMITHFIELD FOODS (SFD) Form 4 transaction a market purchase or sale?
The Form 4 transaction was not a market purchase or sale. It reflects a grant or award acquisition of 6,915 restricted stock units at no cash cost, representing equity compensation rather than an open-market trade in SMITHFIELD FOODS shares.