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Smithfield Foods (SFD) officer uses 822 shares to cover RSU tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Smithfield Foods Inc Chief Accounting Officer Robert Allen Brobst Jr reported a tax-related share disposition on common stock. On this date, 822 shares were withheld by the company at a value of $23.65 per share to cover tax obligations from vesting restricted stock units. After this withholding, Brobst held 10,778 shares of Smithfield Foods common stock directly.

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Insider Brobst Robert Allen JR
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Common Stock 822 $23.65 $19K
Holdings After Transaction: Common Stock — 10,778 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for tax 822 shares Withholding to satisfy tax obligations on RSU vesting
Withholding share value $23.65 per share Value used for 822 withheld common shares
Shares held after transaction 10,778 shares Direct holdings of common stock after tax withholding
Tax-withholding share count 822 shares Form 4 transactionSummary taxWithholdingShares
restricted stock units ("RSUs") financial
"in connection with the vesting of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding obligations financial
"withholding of shares by the Issuer to satisfy tax withholding obligations in connection"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Chief Accounting Officer financial
"officer_title": "Chief Accounting Officer""
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
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SEC Form 4
FORM 4UNITED 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*
Brobst Robert Allen JR

(Last)(First)(Middle)
C/O SMITHFIELD FOODS, INC.
200 COMMERCE STREET

(Street)
SMITHFIELD VIRGINIA 23430

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SMITHFIELD FOODS INC [ SFD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock01/28/2026F(1)822D$23.6510,778D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/ David Coleman, as Attorney-in-Fact06/09/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Smithfield Foods (SFD) report for Robert Allen Brobst Jr?

Smithfield Foods reported that Chief Accounting Officer Robert Allen Brobst Jr had 822 shares of common stock withheld. These shares were used to satisfy tax withholding obligations triggered by the vesting of restricted stock units, not sold in the open market.

Was the Smithfield Foods (SFD) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The 822 shares of Smithfield Foods common stock were withheld by the issuer solely to satisfy tax withholding obligations related to vesting restricted stock units, with no shares sold in the market.

How many Smithfield Foods (SFD) shares does Robert Allen Brobst Jr hold after this filing?

Following the tax withholding transaction, Robert Allen Brobst Jr directly holds 10,778 shares of Smithfield Foods common stock. This figure reflects his position after 822 shares were withheld by the issuer to cover tax obligations on vested restricted stock units.

What does the Form 4 footnote say about the Smithfield Foods (SFD) transaction?

The footnote explains that the 822 shares represent withholding by Smithfield Foods to satisfy tax obligations tied to vesting restricted stock units. It clarifies that no shares were sold in the market as a result of this vesting and tax withholding.

What transaction code was used in the Smithfield Foods (SFD) Form 4 filing?

The filing uses transaction code F for the common stock entry. This code corresponds to payment of exercise price or tax liability by delivering securities, consistent with the issuer withholding 822 shares to cover tax obligations on vesting restricted stock units.