SFD Form 4: Officer Donovan Owens acquires 12,000 Smithfield shares

Rhea-AI Filing Summary

Insider purchase reported: Donovan Owens, President, U.S. Fresh Pork at Smithfield Foods (SFD), acquired 12,000 shares of Smithfield common stock at $23.25 per share under a directed share program related to the issuer's public offering. After the purchase, Mr. Owens beneficially owned 77,000 shares in total. The Form 4 indicates the purchase was reported as a non-derivative acquisition and was filed as a single-person report. The transaction reflects a direct purchase through the company-directed program and is recorded on the Form 4.

Insights

Securities Analyst

TL;DR: A senior executive made a routine, disclosed purchase of company stock through a directed share program; ownership increased modestly.

The reported 12,000-share purchase at $23.25 is a transparent, non-derivative acquisition documented on Form 4. The size of the holding after the transaction—77,000 shares—represents the insider's aggregate beneficial position. This is a standard disclosure under Section 16 with no derivative instruments or dispositions recorded, limiting immediate market-impact implications. The transaction was executed through a directed share program tied to the issuer's public offering, which explains the acquisition structure.

Corporate Governance Expert

TL;DR: Disclosure is complete for this type of insider purchase and indicates compliance with Section 16 reporting obligations.

The Form 4 shows the reporting person is an officer and director-level insider, and the filing format lists the nature of the acquisition as a directed share program purchase. There are no indications of stock sales, option exercises, or changes in derivative positions in this filing. From a governance and compliance perspective, the submission appears routine and aligns with required insider reporting practices.

Insider Trade Summary

Net Buyer: 12,000 shares

Net Buy 1 txn

Insider Owens Donovan

Role President, U.S. Fresh Pork

Bought 12,000 shs ($279K)

Type	Security	Shares	Price	Value
Purchase	Common Stock, no par value	12,000	$23.25	$279K

Holdings After Transaction: Common Stock, no par value — 77,000 shares (Direct)

Footnotes (1)

1. F1. Reflects shares purchased through a directed share program in the issuer's public offering.

FAQ

What transaction did the Smithfield Foods (SFD) insider report on Form 4?

The filing reports a non-derivative purchase of 12,000 shares of Smithfield common stock at $23.25 per share through a directed share program.

Who is the reporting person in the Smithfield (SFD) Form 4 filing?

The reporting person is Donovan Owens, identified as President, U.S. Fresh Pork, who is an officer and director of Smithfield Foods.

How many Smithfield shares does the insider own after the reported transaction?

Following the reported acquisition, the insider beneficially owned 77,000 shares of Smithfield common stock.

Was the reported transaction a sale or purchase in the Form 4 for SFD?

The transaction was a purchase (coded 'P') of shares, not a sale or derivative transaction.

What was the purchase mechanism for the insider buy reported by Smithfield (SFD)?

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

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 09/09/2025 - 04:22 PM Learn about SEC filing dates

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^*

Owens Donovan

(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)
	President, U.S. Fresh Pork

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		12,000(1)	A	$23.25	77,000	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.