Smithfield Foods grants stock to legal chief
Smithfield Foods awarded Chief Legal Officer Tennille J. Checkovich new equity-based compensation.
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Rhea-AI Filing Summary
Smithfield Foods awarded Chief Legal Officer Tennille J. Checkovich new equity-based compensation. She received 10,676 shares of Common Stock as restricted stock units, each representing one future share, and a stock option for 28,431 shares at an exercise price of $23.76 per share.
Both the RSUs and the option vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, as long as she continues in service. After these awards, her direct holdings reported include 22,676 Common shares and 93,914 stock options.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 28,431 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 10,676 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Smithfield Foods (SFD) grant to its Chief Legal Officer?
How do Tennille Checkovich’s new RSUs at Smithfield Foods (SFD) vest?
What are the terms of the new Smithfield Foods (SFD) stock option grant?
Are the Smithfield Foods (SFD) transactions open-market buys or compensation grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.