Director at Smithfield Foods (SFD) awarded 6,915 RSUs in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gallagher Marie T. reported acquisition or exercise transactions in this Form 4 filing.
Smithfield Foods director Marie T. Gallagher received an equity award that increases her stake in the company. She was granted 6,915 shares of Common Stock as a compensation-related award, recorded at a price of $0.00 per share.
The award is structured as restricted stock units (RSUs), each representing a contingent right to receive one share of Common Stock. These RSUs will vest on the day of Smithfield Foods’ annual shareholder meeting to occur in 2027. After this grant, Gallagher holds 15,915 shares of Common Stock directly reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gallagher Marie T.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,915 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,915 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 6,915 shares
Grant price per share: $0.00 per share
Holdings after grant: 15,915 shares
+1 more
4 metrics
RSU grant size
6,915 shares
Restricted stock unit award to director on June 2, 2026
Grant price per share
$0.00 per share
Compensation grant, not an open-market purchase
Holdings after grant
15,915 shares
Total Common Stock directly reported following the transaction
Vesting timing
2027 annual meeting
RSUs vest on the day of the 2027 shareholder meeting
Key Terms
restricted stock units ("RSUs"), contingent right, vest
3 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
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.
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock."
vest financial
"The RSUs will vest on the day of the annual meeting of the Company's shareholders to occur in 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Smithfield Foods (SFD) report for Marie T. Gallagher?
Smithfield Foods reported that director Marie T. Gallagher received a grant of 6,915 shares of Common Stock as an equity award. The shares are in the form of RSUs that vest in 2027, increasing her reported direct holdings to 15,915 shares.
What are the vesting terms of the RSU grant disclosed for Smithfield Foods (SFD)?
The filing states the award is restricted stock units that will vest on the day of Smithfield Foods’ annual meeting of shareholders in 2027. Each RSU represents a contingent right to receive one share of Common Stock once the vesting condition is met.
How did this RSU award change Marie T. Gallagher’s holdings in Smithfield Foods (SFD)?
Following the RSU award, Marie T. Gallagher’s reported direct holdings increased to 15,915 shares of Common Stock. The grant represents a compensation-related acquisition rather than a market trade, and the RSUs must vest in 2027 before converting into shares.
Was the Smithfield Foods (SFD) director’s transaction a market purchase or a compensation grant?
The transaction was a compensation grant, not a market purchase. The Form 4 lists it under code “A” as a grant or award acquisition, with 6,915 RSUs at $0.00 per share, reflecting equity-based compensation that vests at the 2027 annual shareholder meeting.