[Form 4] Smithfield Foods, Inc. Insider Trading Activity
WH Group Limited, identified as a reporting person related to Smithfield Foods Inc. (SFD), reported a sale of 22,461,452 shares of Smithfield common stock on 09/08/2025 at a price of $23.25 per share. After this reported disposition, WH Group Limited beneficially owns 342,036,069 shares, held indirectly through SFDS UK Holdings Limited, of which WH Group is the indirect sole shareholder. The Form 4 lists the reporting person as a Director and indicates a signature by Long Wan, Executive Director and Chairman of WH Group Limited on 09/08/2025. The filing states the transaction code as S (sale).
- Complete disclosure of the non-derivative sale including number of shares, price, and post-transaction beneficial ownership
- Clear ownership chain disclosed: shares held directly by SFDS UK Holdings Limited with WH Group as indirect sole shareholder
- Large disposition of 22,461,452 shares noted, representing a material absolute reduction in reported holdings
- No explanation provided on the form for the reason behind the sale (no 10b5-1 or plan box indicated)
Insights
TL;DR: Large insider sale: 22.46M shares sold at $23.25, leaving 342.04M shares beneficially owned indirectly.
The reported sale is sizable in absolute terms and reduces the reporting entity's direct holdings by 22,461,452 shares. The filing specifies the shares are held indirectly via SFDS UK Holdings Limited and confirms WH Group Limited as the indirect sole shareholder. The transaction code reported is "S" indicating a sale. This Form 4 provides clear, non-derivative disposition details without additional context on the rationale, timing beyond the trade date, or any linked trading plan disclosed on the form.
TL;DR: Insider sale documented; ownership remains substantial at 342,036,069 shares held indirectly.
The filing identifies the reporting person as a Director and shows an executed sale rather than a plan-specific check box. Signature by the Executive Director and Chairman is provided. The disclosure includes the beneficial ownership footnote clarifying indirect ownership through SFDS UK Holdings Limited. There are no amendments or derivative transactions reported on this Form 4.