Smithfield exec gets RSU grant, shares withheld for tax

Smithfield Foods executive Owens Donovan reported routine equity compensation activity involving company common stock.

Rhea-AI Filing Summary

Smithfield Foods executive Owens Donovan reported routine equity compensation activity involving company common stock. He received a grant of 78,637 restricted stock units, 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 continued service.

On the same date, 10,315 shares were withheld by Smithfield Foods to cover tax obligations arising from RSU vesting; no shares were sold in the market. Following these transactions, Owens directly holds 142,163 shares of common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Owens Donovan

Role President, North America Pork

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	78,637	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	10,315	$23.76	$245K

Holdings After Transaction: Common Stock — 142,163 shares (Direct)

Footnotes (2)

1. 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.
2. 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.

Key Figures

RSU grant size: 78,637 units Tax withholding shares: 10,315 shares Withholding reference price: $23.76 per share +3 more

6 metrics

RSU grant size 78,637 units Restricted stock units representing one share each, granted to Owens Donovan

Tax withholding shares 10,315 shares Shares withheld to satisfy tax obligations from RSU vesting

Withholding reference price $23.76 per share Price per share used for 10,315-share tax-withholding disposition

Post-transaction holdings 152,478 shares Common stock directly owned by Owens Donovan after transactions

Tax withholding count 1 transaction Code F disposition to satisfy tax obligations

Grant/award acquisitions 1 transaction Code A RSU grant reported as non-derivative common stock

Key Terms

restricted stock units, RSUs, tax withholding obligations, grant, award, or other acquisition, +1 more

5 terms

restricted stock units 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 are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

RSUs financial

"The RSUs will vest in three equal annual installments on the date of grant, March 10, 2027, and March 10, 2028."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

tax withholding obligations financial

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

grant, award, or other acquisition regulatory

"transaction_code_description: "Grant, award, or other acquisition" for the RSU-related transaction."

payment of exercise price or tax liability by delivering securities regulatory

"transaction_code_description: "Payment of exercise price or tax liability by delivering securities" for the F-code transaction."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Smithfield Foods (SFD) executive Owens Donovan report in this Form 4/A?

Owens Donovan reported an RSU grant and related tax withholding. He received 78,637 restricted stock units and had 10,315 shares withheld to cover taxes from RSU vesting, with no market sales involved.

How many restricted stock units did Owens Donovan receive from Smithfield Foods (SFD)?

He received a grant of 78,637 restricted stock units. Each RSU represents a contingent right to one share of Smithfield Foods common stock, subject to future vesting conditions tied to his continued service with the company.

What is the vesting schedule for Owens Donovan’s Smithfield Foods (SFD) RSUs?

The RSUs vest in three equal annual installments. Vesting occurs on the grant date, on March 10, 2027, and on March 10, 2028, provided Owens Donovan remains continuously employed through each respective vesting date.

Were any Smithfield Foods (SFD) shares sold in the market by Owens Donovan?

No market sales occurred in this filing. The 10,315 shares reported under code F were withheld by Smithfield Foods solely to satisfy tax withholding obligations related to the vesting of restricted stock units.

How many Smithfield Foods (SFD) shares does Owens Donovan hold after these transactions?

After the reported grant and tax withholding, Owens Donovan directly holds 152,478 shares of Smithfield Foods common stock. This total reflects his updated ownership position following the March 10, 2026 Form 4/A transactions.

What does transaction code F mean in Owens Donovan’s Smithfield Foods (SFD) filing?

Transaction code F indicates shares withheld to pay taxes or exercise costs. In this case, 10,315 shares were withheld by Smithfield Foods to satisfy tax obligations from RSU vesting, rather than being sold on the open market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/09/2026 - 04:21 PM Learn about SEC filing dates

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^*

Owens Donovan

(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, North America Pork

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/10/2026		A		78,637(1)	A	$0	152,478	D
Common Stock	03/10/2026		F(2)		10,315	D	$23.76	142,163	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 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)