[Form 4] SMITHFIELD FOODS INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smithfield Foods director Hank Shenghua He 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, vesting in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, and expiring on March 10, 2036.
He also received 78,353 restricted stock units, each representing one share of Common Stock, which will vest in three equal annual installments on the same dates, subject to his continued service. After these awards, he directly holds 601,550 stock options and 165,353 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
He Hank Shenghua
Role
Director
| 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 — 165,353 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 Hank Shenghua He acquire in this Smithfield Foods (SFD) Form 4 filing?
Hank Shenghua He received equity compensation, not open-market trades. He was granted stock options and restricted stock units that increase his potential and actual Common Stock holdings, aligning his interests more closely with Smithfield Foods’ long-term performance and shareholder value creation.
How many stock options were granted to Hank Shenghua He by Smithfield Foods (SFD)?
He received stock options covering 208,653 shares of Common Stock at an exercise price of $23.76 per share. These options vest in three equal annual installments and expire on March 10, 2036, giving him long-dated upside exposure to Smithfield Foods’ share price.
What are the terms of the restricted stock units granted to Hank Shenghua He at Smithfield Foods (SFD)?
He was awarded 78,353 restricted stock units, each representing one share of Common Stock. The units vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, contingent on his continued service with Smithfield Foods.
Are Hank Shenghua He’s Smithfield Foods (SFD) transactions open-market buys or sales?
The reported transactions are compensation-related equity grants, not open-market purchases or sales. They consist of stock options and restricted stock units awarded at no cash cost to him, with future vesting conditions based on his continued service to Smithfield Foods.