SMITHFIELD FOODS (SFD) CFO receives large stock option and RSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SMITHFIELD FOODS INC Chief Financial Officer Mark L. Hall received new equity awards as part of his compensation. He was granted stock options for 208,653 shares of Common Stock at an exercise price of $23.76 per share, bringing his stock option holdings to 601,550 shares. He also received 78,353 shares of Common Stock in the form of restricted stock units, increasing his direct common share holdings to 150,353 shares. Both the RSUs and options vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hall Mark L.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 208,653 | $0.00 | -- |
| Grant/Award | Common Stock | 78,353 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 601,550 shares (Direct);
Common Stock — 150,353 shares (Direct)
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. 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.
FAQ
What did SMITHFIELD FOODS (SFD) disclose about its CFO in this Form 4?
The filing shows CFO Mark L. Hall received equity awards, including stock options and restricted stock units. These grants increase his common share and option holdings, aligning his compensation more closely with SMITHFIELD FOODS’ long-term stock performance.
How many stock options did the SFD CFO receive in the latest Form 4?
Mark L. Hall was granted stock options covering 208,653 shares of SMITHFIELD FOODS Common Stock. These options have an exercise price of $23.76 per share and bring his total stock option holdings, after the grant, to 601,550 underlying shares.
What restricted stock unit award did SMITHFIELD FOODS (SFD) grant its CFO?
The CFO received 78,353 restricted stock units, each representing one share of SMITHFIELD FOODS Common Stock. After this grant, his direct common share holdings total 150,353 shares, reflecting increased equity-based compensation tied to the company’s future share performance.
How do the SFD CFO’s new RSUs and options vest over time?
Both the restricted stock units and stock options vest in three equal annual installments. Vesting occurs on the grant date, March 10, 2027, and March 10, 2028, and is conditioned on the CFO’s continuous service with SMITHFIELD FOODS through each vesting date.