[Form 4] SMITHFIELD FOODS INC Insider Trading Activity
Smithfield Foods director Hank Shenghua He received new equity awards as part of his compensation.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 208,653 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 78,353 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
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What did Hank Shenghua He acquire in this Smithfield Foods (SFD) Form 4 filing?
How many stock options were granted to Hank Shenghua He by Smithfield Foods (SFD)?
What are the terms of the restricted stock units granted to Hank Shenghua He at Smithfield Foods (SFD)?
Are Hank Shenghua He’s Smithfield Foods (SFD) transactions open-market buys or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.