Smithfield Foods (SFD) executive has shares withheld for RSU tax obligations

Rhea-AI Filing Summary

SMITHFIELD FOODS INC executive Steven France reported a routine tax-related share disposition. On the vesting of restricted stock units, 3,848 shares of common stock were withheld by the company to cover tax obligations, and no shares were sold in the market. Following this withholding, France directly holds 66,152 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider France Steven

Role President, Packaged Meats

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	3,848	$23.65	$91K

Holdings After Transaction: Common Stock — 66,152 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares withheld for taxes: 3,848 shares Withholding reference price: $23.65 per share Shares held after transaction: 66,152 shares +1 more

4 metrics

Shares withheld for taxes 3,848 shares Tax withholding on RSU vesting on 2026-01-28

Withholding reference price $23.65 per share Price used for 3,848-share tax withholding

Shares held after transaction 66,152 shares Common stock directly owned after 2026-01-28 event

Tax-withholding transactions 1 transaction, 3,848 shares Summary of F-code tax withholding in this Form 4

Key Terms

restricted stock units ("RSUs"), tax withholding obligations, transaction code "F", Common Stock

4 terms

restricted stock units ("RSUs") financial

"in connection with the vesting of restricted stock units ("RSUs")."

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

"withholding of shares by the Issuer to satisfy tax withholding obligations"

transaction code "F" financial

"transaction_code_description: "Payment of exercise price or tax liability by delivering securities""

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

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^*

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Packaged Meats

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026

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)

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/28/2026		F(1)		3,848	D	$23.65	66,152	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-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)

FAQ

What did SMITHFIELD FOODS (SFD) executive Steven France report in this Form 4?

Steven France reported a tax-related share disposition. When his restricted stock units vested, 3,848 common shares were withheld by Smithfield Foods to satisfy tax obligations, and no shares were sold on the open market as part of this event.

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

No, no shares were sold in the market. The 3,848 shares shown were withheld by Smithfield Foods solely to satisfy tax withholding obligations tied to the vesting of restricted stock units, according to the Form 4 footnote disclosure.

How many SMITHFIELD FOODS (SFD) shares does Steven France hold after this transaction?

After this tax-withholding transaction, Steven France directly holds 66,152 shares of Smithfield Foods common stock. This figure reflects his position following the 3,848 shares being withheld to cover tax obligations upon restricted stock unit vesting.

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

Transaction code "F" indicates shares were disposed of to pay an exercise price or tax liability. Here, 3,848 Smithfield Foods shares were withheld by the issuer to satisfy tax obligations on restricted stock unit vesting, rather than being sold in the open market.

Is the SMITHFIELD FOODS (SFD) Form 4 transaction a routine compensation event?

Yes, the event is a routine compensation-related tax withholding. Shares were withheld to cover taxes when restricted stock units vested, rather than through open-market trading, which is common for equity-based executive compensation programs at public companies.