Smithfield Foods CBO Acquires 3,833 Shares in Directed Offering

Rhea-AI Filing Summary

Smithfield Foods, Inc. (SFD) Chief Business Officer reported an open-market purchase of company shares. On 09/08/2025 the reporting person acquired 3,833 shares of common stock at $23.25 per share through a directed share program in the issuer's public offering. After the transaction the reporting person beneficially owned 74,857 shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Insider purchase disclosed: 3,833 shares acquired, showing officer participation in the issuer's offering
• Transparent reporting: Form 4 includes transaction date, price ($23.25), and post-transaction beneficial ownership (74,857 shares)

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider purchased 3,833 SFD shares at $23.25, modestly increasing holdings to 74,857 shares; transaction appears routine.

The purchase was executed through a directed share program tied to the issuer's public offering, indicating acquisition under an offering allocation rather than a market opportunistic buy. The absolute size (3,833 shares) and post-transaction holdings provide limited direct insight into company valuation or near-term financials. For investors, this is a disclosure of insider participation in the offering, not a standalone material event.

Corporate Governance Expert

TL;DR: Transaction complies with Section 16 reporting; signed by an attorney-in-fact and properly disclosed on Form 4.

The Form 4 identifies the reporting person as an officer (Chief Business Officer) and notes the purchase was via a directed share program. The signature by an attorney-in-fact is permitted; the filing discloses required details including date, price, and resulting beneficial ownership, meeting disclosure requirements under the Exchange Act.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Watts Keller D.

(Last) (First) (Middle)

C/O SMITHFIELD FOODS, INC.

200 COMMERCE STREET

(Street)

SMITHFIELD VA 23430

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SMITHFIELD FOODS INC [ SFD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Business Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, no par value	09/08/2025		P		3,833(1)	A	$23.25	74,857	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects shares purchased through a directed share program in the issuer's public offering.

	/s/ David Coleman, as Attorney-in-Fact	09/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Smithfield Foods (SFD) insider purchase on 09/08/2025?

The Chief Business Officer acquired 3,833 shares of common stock at $23.25 per share on 09/08/2025.

How many SFD shares does the reporting person own after the transaction?

Following the reported purchase the reporting person beneficially owned 74,857 shares.

By what method were the SFD shares acquired according to the Form 4?

The Form 4 states the shares were purchased through a directed share program in the issuer's public offering.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by David Coleman, as Attorney-in-Fact on 09/09/2025.

What officer role does the reporting person hold at Smithfield Foods?

The Form 4 identifies the reporting person as an Officer with the title Chief Business Officer.