Smithfield Foods (SFD) CFO exercises options, sells 78,579 shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Smithfield Foods Chief Financial Officer Mark L. Hall reported an exercise-and-sale transaction in company stock. On June 9, 2026, he exercised stock options to acquire 78,579 shares of common stock at an exercise price of $20.00 per share, then sold the same 78,579 shares in open‑market transactions at a weighted average price of $26.36 per share. According to the filing, sale prices ranged from $26.04 to $26.985. After these transactions, Hall directly owned 134,725 shares of Smithfield Foods common stock. The exercised stock option was originally granted on January 29, 2026 and vests in five equal annual installments through January 27, 2030, subject to continued service.

Insider Trade Summary

Net Seller: 78,579 shares ($2,071,342)

Net Sell 3 txns

Insider Hall Mark L.

Role Chief Financial Officer

Sold 78,579 shs ($2.07M)

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	78,579	$0.00	--
Exercise	Common Stock	78,579	$20.00	$1.57M
Sale	Common Stock	78,579	$26.36	$2.07M

Holdings After Transaction: Stock Option (Right to Buy) — 314,318 shares (Direct, null); Common Stock — 213,304 shares (Direct, null)

Footnotes (1)

This is a weighted average price. These shares were sold in multiple transactions on June 9, 2025, at prices ranging from $26.985 to $26.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range. The stock option was granted on January 29, 2026 and vested or vests in five equal annual installments on January 27, 2026, January 27, 2027, January 27, 2028, January 27, 2029 and January 27, 2030, subject to the Reporting Person's continuous service through such dates.

Key Figures

Shares sold: 78,579 shares Weighted average sale price: $26.36 per share Sale price range: $26.04–$26.985 per share +4 more

7 metrics

Shares sold 78,579 shares Common stock sold in open market on June 9, 2026

Weighted average sale price $26.36 per share Open-market sales on June 9, 2026

Sale price range $26.04–$26.985 per share Multiple transactions on June 9, 2026

Option exercise price $20.00 per share Stock option exercised for 78,579 shares

Shares held after transactions 134,725 shares Direct common stock ownership after June 9, 2026

Option shares exercised 78,579 shares Stock Option (Right to Buy) converted into common stock

Option expiration date January 26, 2035 Original stock option term before exercise

Key Terms

open-market sale, derivative exercise/conversion, Stock Option (Right to Buy), weighted average price, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale" for 78,579 shares of Common Stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

derivative exercise/conversion financial

"transaction_action: "derivative exercise/conversion" for stock option transactions"

Stock Option (Right to Buy) financial

"security_title listed as "Stock Option (Right to Buy)""

weighted average price financial

"footnote states "This is a weighted average price" for the sales"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

vests in five equal annual installments financial

"footnote describes option grant that "vested or vests in five equal annual installments""

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Form 4 Insider Transactions: What Each Field Means →

06/11/2026 - 04:03 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^*

Hall Mark L.

(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)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026

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)

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	06/09/2026		M		78,579	A	$20	213,304	D
Common Stock	06/09/2026		S		78,579	D	$26.36⁽¹⁾	134,725	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)
Stock Option (Right to Buy)	$20	06/09/2026		M			78,579	⁽²⁾	01/26/2035	Common Stock	78,579	$0	314,318	D

Explanation of Responses:

1. This is a weighted average price. These shares were sold in multiple transactions on June 9, 2025, at prices ranging from $26.985 to $26.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.

2. The stock option was granted on January 29, 2026 and vested or vests in five equal annual installments on January 27, 2026, January 27, 2027, January 27, 2028, January 27, 2029 and January 27, 2030, subject to the Reporting Person's continuous service through such dates.

Remarks:

In prior Section 16 filings, the Reporting Person aggregated different classes of derivative securities and reported under Column 9 of Table II the total aggregate amount of different classes of the same type of derivative securities (e.g., all stock options) beneficially owned following the reported transaction. Going forward, the Reporting Person will no longer aggregate different classes of derivative securities but will include under Column 9 of Table II the total number of derivative securities beneficially owned following the reported transaction only with regard to the specific class of derivative securities included in that particular line item.

	/s/ David Coleman, as Attorney-in-Fact	06/11/2026
	** 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 did Smithfield Foods (SFD) CFO Mark L. Hall report in this Form 4?

Smithfield Foods CFO Mark L. Hall reported an exercise-and-sale transaction involving company stock. He exercised stock options for 78,579 shares, then sold the same number of common shares in open-market trades on June 9, 2026.

How many Smithfield Foods shares did the CFO sell and at what price?

The CFO sold 78,579 shares of Smithfield Foods common stock in open-market transactions. The weighted average sale price was $26.36 per share, with individual trades executed between $26.04 and $26.985 during the trading day.

What stock option exercise did the Smithfield Foods CFO report?

He exercised stock options covering 78,579 shares of Smithfield Foods common stock at an exercise price of $20.00 per share. This option grant was part of an equity award that vests in five equal annual installments through January 27, 2030.

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

After completing the June 9, 2026 transactions, the CFO directly owned 134,725 shares of Smithfield Foods common stock. This figure reflects his remaining direct holdings following the option exercise and subsequent open-market sale of 78,579 shares.

What price range applied to the Smithfield Foods CFO’s stock sales?

The reported sales were executed at prices ranging from $26.04 to $26.985 per share. The filing notes that the weighted average sale price across these multiple transactions on June 9, 2026 was $26.36 per share.