Smithfield Foods (SFD) CEO receives major stock option and RSU grants

Rhea-AI Filing Summary

Smithfield Foods President & CEO Charles Shane Smith received new equity awards as part of his compensation. On March 10, 2026, he was granted stock options for 389,303 shares of Common Stock at an exercise price of $23.76 per share, expiring on March 10, 2036. Following this award, he holds 978,648 stock options directly.

He also received 146,190 shares of Common Stock in the form of restricted stock units (RSUs), bringing his direct Common Stock holdings to 266,190 shares after the grant. Both the RSUs and the options vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, subject to his continuous service with the company.

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

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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 VA 23430

(City) (State) (Zip)

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

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

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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		146,190(1)	A	$0	266,190	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
Stock Option (Right to Buy)	$23.76	03/10/2026		A		389,303		(2)	03/10/2036	Common Stock	389,303	$0	978,648	D

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. The stock option shall 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.

Remarks:

	/s/ David Coleman, as Attorney-in-Fact	03/12/2026
	** 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.

FAQ

What did Smithfield Foods (SFD) CEO Charles Shane Smith report in this Form 4?

He reported equity compensation awards, not open-market trades. The filing shows a large stock option grant and restricted stock unit award, both tied to continued service and vesting over three years, increasing his overall direct equity stake in Smithfield Foods.

How many stock options did the Smithfield Foods (SFD) CEO receive and at what price?

He was granted stock options covering 389,303 shares of Common Stock at an exercise price of $23.76 per share. These options are scheduled to vest over three years and will expire on March 10, 2036 if not exercised within that period.

What restricted stock units (RSUs) were granted to the Smithfield Foods (SFD) CEO?

He received 146,190 RSUs, each representing one share of Common Stock. The RSUs vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, conditioned on his continuous service with Smithfield Foods.

How did these grants change the Smithfield Foods (SFD) CEO’s reported holdings?

After the transactions, his direct holdings increased to 978,648 stock options and 266,190 shares of Common Stock. These figures reflect his position immediately following the equity awards disclosed in the Form 4, illustrating his substantial incentive alignment with shareholders.

Are the Smithfield Foods (SFD) CEO’s new equity awards immediately vested?

No, both awards vest over time. The RSUs and stock options each vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, and require the CEO to remain in continuous service through each vesting date.