SMITHFIELD FOODS (SFD) executive reports 1,224-share RSU tax withholding

Rhea-AI Filing Summary

SMITHFIELD FOODS INC executive Kraig A. Westerbeek reported a routine tax-related share withholding tied to vesting of restricted stock units. On the transaction date, 1,224 shares of common stock were withheld by the company at $23.65 per share to satisfy tax obligations, and no shares were sold in the market. Following this withholding, Westerbeek directly held 17,776 shares of common stock.

Insights

Equity compensation analyst

Routine RSU tax withholding with no market sale or signal.

The filing shows 1,224 shares of SMITHFIELD FOODS INC common stock withheld at $23.65 per share to cover tax obligations from restricted stock unit vesting. The footnote clearly states no shares were sold in the market.

This is a standard equity-compensation event coded as a tax-withholding disposition, not an open-market trade. After the transaction, Kraig A. Westerbeek held 17,776 shares directly, so the withheld amount is modest relative to his reported holdings.

Insider Trade Summary

Net Seller: 1,224 shares

Net Sell 1 txn

Insider Westerbeek Kraig A.

Role President, Hog Production

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,224	$23.65	$29K

Holdings After Transaction: Common Stock — 17,776 shares (Direct)

Footnotes (1)

1. F1. Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("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

Shares withheld for taxes: 1,224 shares Withholding price per share: $23.65 per share Shares held after transaction: 17,776 shares +1 more

4 metrics

Shares withheld for taxes 1,224 shares Tax withholding on RSU vesting

Withholding price per share $23.65 per share Value used for RSU tax withholding

Shares held after transaction 17,776 shares Direct common stock holdings after withholding

Transaction code F Payment of tax liability by delivering securities

Key Terms

restricted stock units ("RSUs"), tax withholding obligations, withholding of shares, tax-withholding disposition

4 terms

restricted stock units ("RSUs") financial

"in connection with the vesting of restricted stock units ("RSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

tax withholding obligations financial

"to satisfy tax withholding obligations in connection with the vesting of restricted stock units"

withholding of shares financial

"Represents the withholding of shares by the Issuer to satisfy tax withholding obligations"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

What did Kraig A. Westerbeek report in this SMITHFIELD FOODS (SFD) Form 4?

He reported a tax-withholding disposition of 1,224 shares of SMITHFIELD FOODS common stock at $23.65 per share. These shares were withheld by the company to cover taxes due on restricted stock unit vesting, with no market sale involved.

Were any SMITHFIELD FOODS (SFD) shares sold in the open market in this filing?

No open-market sales occurred in this Form 4. The 1,224 shares reported were withheld by SMITHFIELD FOODS to satisfy tax obligations tied to vesting RSUs, and the footnote explicitly states that no shares were sold in the market.

How many SMITHFIELD FOODS shares were withheld for taxes from Kraig A. Westerbeek?

A total of 1,224 shares of SMITHFIELD FOODS common stock were withheld to cover tax obligations. The withholding occurred in connection with the vesting of restricted stock units and is reported at a price of $23.65 per share in the Form 4.

What is Kraig A. Westerbeek’s SMITHFIELD FOODS shareholding after this Form 4 transaction?

After the tax-withholding transaction, he directly held 17,776 shares of SMITHFIELD FOODS common stock. This post-transaction balance reflects the shares remaining after 1,224 shares were withheld by the issuer to satisfy his RSU-related tax obligations.

What does transaction code "F" mean in the SMITHFIELD FOODS (SFD) Form 4?

Code "F" indicates shares were disposed of to pay an exercise price or tax liability. Here it reflects withholding of 1,224 shares by SMITHFIELD FOODS to satisfy taxes on RSU vesting, rather than an elective open-market sale by the insider.

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

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 06/09/2026 - 04:11 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^*

Westerbeek Kraig A.

(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, Hog Production

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/28/2026		F(1)		1,224	D	$23.65	17,776	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 the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("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:

	/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)