Smithfield Foods (SFD) CMO granted 216,889 options and 81,446 RSUs

Rhea-AI Filing Summary

SMITHFIELD FOODS INC Chief Manufacturing Officer Doug Sutton reported equity awards rather than market trades. He received stock options for 216,889 shares of Common Stock at an exercise price of $23.7600 per share, vesting in three equal annual installments through March 10, 2028. He also received 81,446 restricted stock units, each representing one share of Common Stock, with the same three-year vesting schedule. After these awards, Sutton directly holds 150,366 shares of Common Stock and 609,786 stock options, reflecting a larger long-term incentive position without any open-market buying or selling.

Insights

Equity Compensation Analyst

Routine equity grants increase Sutton's incentive holdings without any share sales.

The transactions show Doug Sutton, Chief Manufacturing Officer of SMITHFIELD FOODS INC, receiving equity as compensation. He was granted options for 216,889 shares at $23.7600 and 81,446 RSUs, both vesting in three equal annual installments through March 10, 2028.

These awards align Sutton’s pay with long-term share performance, since value depends on future stock price and continued service. No open-market purchases or sales occurred; all activity is compensation-related. From an investment thesis perspective, this is a routine governance and incentive event rather than a directional trading signal.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Sutton Doug

Role Chief Manufacturing Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	216,889	$0.00	--
Grant/Award	Common Stock	81,446	$0.00	--

Holdings After Transaction: Stock Option (Right to Buy) — 609,786 shares (Direct); Common Stock — 150,366 shares (Direct)

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. The stock option shall 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.

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^*

Sutton Doug

(Last) (First) (Middle)

C/O SMITHFIELD FOODS, INC.

200 COMMERCE STREET

(Street)

SMITHFIELD VA 23430

(City) (State) (Zip)

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

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

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

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

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

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	03/10/2026		A		81,446(1)	A	$0	150,366	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
Stock Option (Right to Buy)	$23.76	03/10/2026		A		216,889		(2)	03/10/2036	Common Stock	216,889	$0	609,786	D

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. The stock option shall 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.

Remarks:

	/s/ David Coleman, as Attorney-in-Fact	03/12/2026
	** 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.

FAQ

What did Doug Sutton report in this SMITHFIELD FOODS (SFD) Form 4 filing?

Doug Sutton reported receiving equity compensation, not trading shares. He was granted stock options for 216,889 shares of Common Stock and 81,446 restricted stock units, both subject to multi-year vesting tied to his continued service with Smithfield Foods.

Were there any open-market stock purchases or sales by Doug Sutton in this SFD filing?

No, the Form 4 shows no open-market purchases or sales. All reported activity is coded as grants or awards, representing compensation in the form of options and restricted stock units rather than discretionary buying or selling of Smithfield Foods shares.

How many stock options did Doug Sutton receive from Smithfield Foods in this Form 4?

Doug Sutton received stock options covering 216,889 shares of Smithfield Foods Common Stock. These options have an exercise price of $23.7600 per share and vest in three equal annual installments, contingent on his continued service through each vesting date.

What are the terms of Doug Sutton’s restricted stock unit grant at Smithfield Foods?

Sutton received 81,446 restricted stock units, each representing a contingent right to one share of Common Stock. The RSUs vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, subject to his continuous service with the company.

What are Doug Sutton’s reported holdings after these transactions in Smithfield Foods (SFD)?

After the reported awards, Sutton directly holds 150,366 shares of Smithfield Foods Common Stock and 609,786 stock options. These figures reflect his updated equity position following the new grants, emphasizing a significant long-term incentive stake tied to company performance.

When do Doug Sutton’s new Smithfield Foods stock options vest and expire?

The stock options granted to Sutton vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028. They carry an expiration date of March 10, 2036, giving a long window for potential exercise if conditions are met.