[Form 4] Smithfield Foods, Inc. Insider Trading Activity
Smithfield Foods insider purchase reported. An officer, Steven France, who is President, Packaged Meats, bought 2,500 shares of Smithfield Foods, Inc. (SFD) on 09/08/2025 at a price of $23.25 per share through a directed share program tied to the issuer's public offering. After the transaction he beneficially owned 70,000 shares, held directly. The Form 4 was signed on 09/09/2025 by an attorney-in-fact. The filing discloses no derivative transactions and notes the purchase was made under the company-directed share program.
- Officer purchased shares (2,500 shares), increasing direct ownership to 70,000 shares.
- Transaction executed through directed share program, and explanatory note is provided in the filing.
- Form 4 includes full transaction details (date, price $23.25, amount), satisfying disclosure requirements.
- None.
Insights
TL;DR: Officer purchased 2,500 SFD shares at $23.25, bringing direct holdings to 70,000 shares.
The transaction is a straightforward open-market-style purchase reported on Form 4, executed through a directed share program associated with the issuer's public offering. At $23.25 per share for 2,500 shares, the reported cash outlay was $58,125. This is a routine disclosure showing an increase in direct ownership by an operating officer; there are no option exercises, sales, or derivative transactions reported.
TL;DR: Insider filing documents a small, programmatic purchase by a senior officer; disclosure appears complete.
The Form 4 identifies the reporting person, relationship to the issuer (President, Packaged Meats), transaction date, price, and method (directed share program). The filing was signed by an attorney-in-fact and includes the explanatory note required for program purchases. From a governance standpoint, this meets Section 16(a) reporting requirements and raises no immediate compliance concerns based on the disclosed facts.