Smithfield Foods (SFD) HR chief receives stock options and RSU grants

Rhea-AI Filing Summary

SMITHFIELD FOODS INC Chief Human Resources Officer Bennett Isham Jay reported equity compensation grants. On March 10, 2026, he received 39,071 stock options with an exercise price of $23.76 per share, expiring on March 10, 2036. Following this grant, he held 130,747 options in total.

He was also granted 14,672 restricted stock units, each representing one share of common stock. After this award, his direct common stock holdings totaled 28,672 shares. Both the RSUs and options vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, subject to his continued service.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bennett Isham Jay

Role Chief Human Resources Officer

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (Right to Buy)	39,071	$0.00	--
Grant/Award	Common Stock	14,672	$0.00	--

Holdings After Transaction: Stock Option (Right to Buy) — 130,747 shares (Direct); Common Stock — 28,672 shares (Direct)

Footnotes (1)

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Bennett Isham Jay

(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 Human Resources Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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	03/10/2026		A		14,672(1)	A	$0	28,672	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
Stock Option (Right to Buy)	$23.76	03/10/2026		A		39,071		(2)	03/10/2036	Common Stock	39,071	$0	130,747	D

Explanation of Responses:

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.

2. 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.

Remarks:

	/s/ David Coleman, as Attorney-in-Fact	03/12/2026
	** 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 equity awards did Smithfield Foods (SFD) grant to Bennett Isham Jay?

Bennett Isham Jay received stock options and restricted stock units as equity compensation. The awards consist of 39,071 stock options and 14,672 RSUs, each RSU representing one share of common stock, all granted on March 10, 2026.

What are the terms of Bennett Isham Jay’s new stock options at Smithfield Foods (SFD)?

Jay was granted 39,071 stock options with an exercise price of $23.76 per share, expiring on March 10, 2036. These options vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, contingent on continued service.

How do Bennett Isham Jay’s restricted stock units at Smithfield Foods (SFD) vest?

The 14,672 RSUs vest in three equal annual installments. Vesting occurs on the grant date, March 10, 2027, and March 10, 2028, provided Jay remains in continuous service with Smithfield Foods through each applicable vesting date.

How many Smithfield Foods (SFD) shares does Bennett Isham Jay hold after these grants?

After the RSU award, Jay directly holds 28,672 shares of Smithfield Foods common stock. Following the stock option grant, he holds 130,747 stock options, reflecting his updated equity position as reported in this Form 4 filing.

Are Bennett Isham Jay’s Form 4 transactions at Smithfield Foods (SFD) open-market purchases?

No, the transactions are compensation-related grants, not open-market trades. Both the stock options and the 14,672 RSUs were awarded with a transaction price of $0.00 per share, reflecting equity awards rather than purchases on the market.