Smithfield Foods CFO awarded RSUs, shares withheld
Smithfield Foods Chief Financial Officer Mark L. Hall reported compensation-related stock movements.
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Rhea-AI Filing Summary
Smithfield Foods Chief Financial Officer Mark L. Hall reported compensation-related stock movements. He received an award of 78,353 restricted stock units (RSUs), each representing one share of common stock, with vesting in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, subject to his continuous service. On the same date, 11,780 shares of common stock were withheld by the company to cover tax obligations from RSU vesting at $23.76 per share, and no shares were sold in the market. After these transactions, he directly held 134,725 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 78,353 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,780 | $23.76 | $280K |
Footnotes (2)
- F1. 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.
- F2. Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs. No shares were sold in the market as a result of the vesting of these RSUs and the satisfaction of tax withholding obligations.
FAQ
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What did Smithfield Foods (SFD) CFO Mark L. Hall report in this Form 4/A?
How many restricted stock units did the Smithfield Foods (SFD) CFO receive?
When do Mark L. Hall’s Smithfield Foods (SFD) RSUs vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.