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SMITHFIELD FOODS (SFD) HR chief has 992 shares withheld for RSU taxes

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

Rhea-AI Filing Summary

SMITHFIELD FOODS INC Chief Human Resources Officer Bennett Isham Jay reported a tax-related share disposition tied to equity compensation. On the vesting of restricted stock units, 992 shares of common stock were withheld by the company at $23.65 per share to cover tax obligations. No shares were sold in the market, and Jay now directly holds 13,008 common shares after this routine withholding.

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Insider Bennett Isham Jay
Role Chief Human Resources Officer
Type Security Shares Price Value
Tax Withholding Common Stock 992 $23.65 $23K
Holdings After Transaction: Common Stock — 13,008 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 992 shares Tax withholding on RSU vesting
Withholding price per share $23.65 per share Value applied to withheld shares
Shares held after transaction 13,008 shares Direct common stock holdings after withholding
restricted stock units ("RSUs") financial
"in connection with 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
"to satisfy tax withholding obligations in connection with vesting of restricted stock units"
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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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*
Bennett Isham Jay

(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)
Chief Human Resources Officer
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)992D$23.6513,008D
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 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 Bennett Isham Jay?

The filing shows a tax-related share disposition. 992 common shares were withheld by SMITHFIELD FOODS to cover tax obligations from vesting restricted stock units, with no shares sold in the market as part of this event.

Did Bennett Isham Jay sell SMITHFIELD FOODS (SFD) shares on the open market?

No, the filing states no shares were sold in the market. The 992 shares shown were withheld by the company solely to satisfy tax withholding obligations on vesting restricted stock units, rather than an open-market sale.

How many SMITHFIELD FOODS (SFD) shares were withheld for taxes in this Form 4?

A total of 992 common shares were withheld. These shares were retained by SMITHFIELD FOODS to satisfy Bennett Isham Jay’s tax withholding obligations arising from the vesting of restricted stock units, according to the footnote disclosure.

What price per share was used for the SMITHFIELD FOODS (SFD) tax withholding?

The tax withholding used a price of $23.65 per share. This value was applied to the 992 common shares withheld to cover the tax obligations associated with Bennett Isham Jay’s vesting restricted stock units.

How many SMITHFIELD FOODS (SFD) shares does Bennett Isham Jay hold after this transaction?

After the withholding transaction, Bennett Isham Jay directly holds 13,008 common shares. This figure reflects his position following the retention of 992 shares by SMITHFIELD FOODS for tax withholding related to restricted stock unit vesting.

What role does Bennett Isham Jay hold at SMITHFIELD FOODS (SFD)?

Bennett Isham Jay serves as Chief Human Resources Officer at SMITHFIELD FOODS. The Form 4 filing reports his equity compensation-related tax withholding transaction involving restricted stock units and provides updated information on his direct common share holdings.