[Form 4] SMITHFIELD FOODS INC Insider Trading Activity
Rhea-AI Filing Summary
SMITHFIELD FOODS INC granted equity awards to executive Steven France, President, Packaged Meats. He received stock options for 248,470 shares of Common Stock at an exercise price of $23.76 per share, expiring on March 10, 2036, vesting in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, subject to continued service.
France also received 93,305 restricted stock units, each representing one share of Common Stock, vesting in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, contingent on continued service. After these awards, he directly holds 163,305 shares of Common Stock and 641,367 stock options in total. These are compensation-related grants, not open‑market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 248,470 | $0.00 | -- |
| Grant/Award | Common Stock | 93,305 | $0.00 | -- |
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.