Smithfield Foods CFO uses shares for RSU taxes
Smithfield Foods Chief Financial Officer Mark L. Hall reported a compensation-related share transaction.
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Rhea-AI Filing Summary
Smithfield Foods Chief Financial Officer Mark L. Hall reported a compensation-related share transaction. On the vesting of restricted stock units, the company withheld 3,848 shares of common stock, valued at $23.65 per share, to cover tax withholding obligations. The footnote states that no shares were sold in the market. After this tax-withholding disposition, Hall directly holds 68,152 shares of Smithfield Foods common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,848 | $23.65 | $91K |
Footnotes (1)
- F1. Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). No shares were sold in the market as a result of the vesting of these RSUs and the satisfaction of tax withholding obligations.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Smithfield Foods (SFD) report for Mark L. Hall?
What does the transaction code "F" mean in the Smithfield Foods (SFD) Form 4?
Is the Smithfield Foods (SFD) Form 4 transaction a buy or sell signal for investors?
AI-generated analysis. How Rhea-AI works. Not financial advice.