Smithfield Foods (NYSE: SFD) grants CEO RSUs and withholds shares for tax

Q: How many Smithfield Foods shares were withheld for the CEO’s RSU taxes?

The company withheld 21,978 shares of Common Stock at $23.76 per share to satisfy tax obligations on vesting RSUs. Footnotes clarify that no shares were sold in the market; this was purely a tax-withholding mechanism by the issuer.

Q: What RSU award did the Smithfield Foods CEO receive in this Form 4/A?

Charles Shane Smith received an award of 146,190 restricted stock units (RSUs) . Each RSU represents one share of Common Stock and is part of his equity compensation, aligning his interests with long-term company performance rather than reflecting an open-market transaction.

Q: When will the CEO’s new Smithfield Foods RSUs vest?

The 146,190 RSUs vest in three equal annual installments: on the grant date, then on March 10, 2027 , and March 10, 2028 . Vesting is conditioned on the CEO’s continuous service with Smithfield Foods through each scheduled vesting date.

Q: Did the Smithfield Foods CEO sell any shares in the open market?

No open-market sales occurred in these transactions. The 21,978 shares marked as a disposition were withheld by the issuer solely to cover tax obligations on RSU vesting, as explicitly noted, meaning no shares were sold to outside investors.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

4/A

Rhea-AI Filing Summary

Smithfield Foods President and CEO Charles Shane Smith reported compensation-related stock movements. On March 10, 2026, the company withheld 21,978 shares of Common Stock at $23.76 per share to cover tax obligations from vesting restricted stock units, with no shares sold in the market.

On the same date, he received a grant of 146,190 restricted stock units (RSUs), each representing one share of Common Stock. These RSUs vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, subject to his continuous service. Following these transactions, he directly holds 260,621 shares of Common Stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Smith Charles Shane

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	146,190	$0.00	--
Tax Withholding	Common Stock	21,978	$23.76	$522K

Holdings After Transaction: Common Stock — 260,621 shares (Direct, null)

Footnotes (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. 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.

Key Figures

Tax-withheld shares: 21,978 shares at $23.76 RSU grant size: 146,190 RSUs Post-transaction holdings: 260,621 shares +1 more

4 metrics

Tax-withheld shares 21,978 shares at $23.76 Shares withheld for RSU tax obligations on March 10, 2026

RSU grant size 146,190 RSUs Equity award to CEO on March 10, 2026

Post-transaction holdings 260,621 shares Common Stock directly held after reported transactions

RSU vesting schedule Three equal annual installments Vests on grant date, March 10, 2027, March 10, 2028

Key Terms

restricted stock units ("RSUs"), tax withholding obligations, continuous service, grant, award, or other acquisition

4 terms

restricted stock units ("RSUs") financial

"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock."

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

"Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs."

continuous service financial

"The RSUs will vest in three equal annual installments ... subject to the Reporting Person's continuous service through such dates."

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/09/2026 - 04:22 PM Accepted by SEC EDGAR 06/09/2026 - 04:21 PM

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^*

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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

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

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)
03/12/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/10/2026		A		146,190⁽¹⁾	A	$0	260,621	D
Common Stock	03/10/2026		F⁽²⁾		21,978	D	$23.76	238,643	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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. 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.

Remarks:

This Form 4/A amends the original Form 4 filed by the Reporting Person on March 12, 2026 (the "Original Filing"), which inadvertently omitted the Issuer's withholding of shares of Common Stock to satisfy the tax withholding obligation resulting from the vesting of RSUs awarded to the Reporting Person. This Form 4/A also corrects the amount of securities beneficially owned following the award of RSUs reported therein, as the amount shown in the Original Filing inadvertently did not take into account the Issuer's previous withholding of shares to satisfy tax obligations resulting from a vesting of RSUs.

	/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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Smithfield Foods (SFD) report for its CEO?

Smithfield Foods reported that CEO Charles Shane Smith had shares withheld for RSU tax obligations and received a new RSU grant. These are compensation-related entries, not open-market stock purchases or sales, and adjust his equity-based pay and ownership position.

How many Smithfield Foods shares were withheld for the CEO’s RSU taxes?

The company withheld 21,978 shares of Common Stock at $23.76 per share to satisfy tax obligations on vesting RSUs. Footnotes clarify that no shares were sold in the market; this was purely a tax-withholding mechanism by the issuer.

What RSU award did the Smithfield Foods CEO receive in this Form 4/A?

Charles Shane Smith received an award of 146,190 restricted stock units (RSUs). Each RSU represents one share of Common Stock and is part of his equity compensation, aligning his interests with long-term company performance rather than reflecting an open-market transaction.

When will the CEO’s new Smithfield Foods RSUs vest?

The 146,190 RSUs vest in three equal annual installments: on the grant date, then on March 10, 2027, and March 10, 2028. Vesting is conditioned on the CEO’s continuous service with Smithfield Foods through each scheduled vesting date.

Did the Smithfield Foods CEO sell any shares in the open market?

No open-market sales occurred in these transactions. The 21,978 shares marked as a disposition were withheld by the issuer solely to cover tax obligations on RSU vesting, as explicitly noted, meaning no shares were sold to outside investors.

How many Smithfield Foods shares does the CEO hold after these transactions?

After the reported transactions, CEO Charles Shane Smith directly holds 260,621 shares of Smithfield Foods Common Stock. This figure reflects the combined effect of the tax-withholding share reduction and the RSU-related acquisition reported in the Form 4/A.