Smithfield Foods director awarded 6,915 RSUs
Starling Raymond A reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Starling Raymond A reported acquisition or exercise transactions in this Form 4 filing.
SMITHFIELD FOODS INC director Raymond A. Starling received a grant of 6,915 restricted stock units (RSUs) of Common Stock. The award was made at no cash cost per share and increases his direct holdings to 15,915 shares after the reported transaction.
Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on the day of the annual meeting of the company's shareholders to occur in 2027, linking the director's compensation to the company’s future performance and continued service through that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,915 | $0.00 | $0.00 |
Footnotes (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 on the day of the annual meeting of the Company's shareholders to occur in 2027.
Key Figures
Key Terms
restricted stock units financial
RSUs financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SMITHFIELD FOODS (SFD) report for Raymond A. Starling?
What are the key terms of the restricted stock units granted by SMITHFIELD FOODS (SFD)?
When will Raymond A. Starling’s SMITHFIELD FOODS (SFD) RSUs vest?
Was the SMITHFIELD FOODS (SFD) Form 4 transaction a market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.