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Smithfield Foods (SFD) CEO reports 5,569-share tax withholding on RSU vesting

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SMITHFIELD FOODS INC President & CEO Charles Shane Smith reported a tax-related share disposition tied to vesting equity awards. On this Form 4, 5,569 shares of Common Stock were withheld by the company at $23.65 per share to cover tax obligations from vesting restricted stock units. These shares were not sold in the open market. After this withholding, Smith directly holds 114,431 shares of Smithfield Foods common stock.

Positive

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Negative

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Insider Smith Charles Shane
Role President & CEO
Type Security Shares Price Value
Tax Withholding Common Stock 5,569 $23.65 $132K
Holdings After Transaction: Common Stock — 114,431 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 5,569 shares Tax withholding on RSU vesting, transaction code F
Withholding price per share $23.65 per share Value used for tax-withholding disposition
Shares held after transaction 114,431 shares Direct holdings after tax-withholding event
restricted stock units financial
"in connection with the vesting of restricted stock units ("RSUs")"
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.
tax withholding obligations financial
"to satisfy tax withholding obligations in connection with the vesting"
transaction code "F" financial
"Payment of exercise price or tax liability by delivering securities"
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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*
Smith Charles Shane

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President & CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026
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)

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 Stock01/28/2026F(1)5,569D$23.65114,431D
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 the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("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:
/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)

FAQ

What insider transaction did SMITHFIELD FOODS (SFD) report for Charles Shane Smith?

The filing reports a tax-related share disposition. 5,569 common shares were withheld by the company to cover tax obligations from vesting restricted stock units, and no shares were sold in the open market as part of this event.

Were SMITHFIELD FOODS (SFD) shares sold on the market in this Form 4?

No, the Form 4 states that no shares were sold in the market. The 5,569 shares reported were withheld by the issuer solely to satisfy tax withholding obligations related to the vesting of restricted stock units.

How many SMITHFIELD FOODS (SFD) shares were withheld for taxes in this transaction?

The transaction shows 5,569 common shares withheld. These shares were used to satisfy tax withholding obligations triggered by the vesting of restricted stock units, instead of requiring a separate cash payment for the associated tax liability.

What is Charles Shane Smith’s SMITHFIELD FOODS (SFD) shareholding after this Form 4?

Following the tax-withholding transaction, Charles Shane Smith directly holds 114,431 shares of Smithfield Foods common stock. This figure reflects his position after 5,569 shares were withheld by the issuer to cover taxes from recently vested restricted stock units.

What does transaction code "F" mean in the SMITHFIELD FOODS (SFD) Form 4?

Transaction code "F" indicates payment of exercise price or tax liability by delivering securities. Here, it reflects shares withheld by the issuer to satisfy tax withholding obligations related to vesting restricted stock units, not an open-market sale by the executive.