Smithfield Foods (SFD) awards stock options and RSUs to Hog Production president

Rhea-AI Filing Summary

SMITHFIELD FOODS INC President, Hog Production Kraig A. Westerbeek received equity awards as compensation. He was granted stock options for 91,390 shares of Common Stock at an exercise price of $23.76 per share, vesting in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, contingent on continued service.

He also received 34,319 restricted stock units, each representing one share of Common Stock and vesting on the same three annual dates, also subject to continuous service. Following the grant, he directly holds 53,319 Common shares and 209,259 options.

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

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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^*

Westerbeek Kraig A.

(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, Hog Production

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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	03/10/2026		A		34,319(1)	A	$0	53,319	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
Stock Option (Right to Buy)	$23.76	03/10/2026		A		91,390		(2)	03/10/2036	Common Stock	91,390	$0	209,259	D

Explanation of Responses:

1. 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.

2. 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.

Remarks:

	/s/ David Coleman, as Attorney-in-Fact	03/12/2026
	** 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.

FAQ

What insider transactions did Kraig A. Westerbeek report for SFD?

Kraig A. Westerbeek reported receiving equity compensation grants, not open-market trades. He was awarded 91,390 stock options at an exercise price of $23.76 and 34,319 restricted stock units, all vesting over three years, subject to his continued service with SMITHFIELD FOODS INC.

How many Smithfield Foods (SFD) stock options were granted in this Form 4?

The filing shows a grant of 91,390 stock options on Common Stock to Kraig A. Westerbeek. These options have an exercise price of $23.76 per share and vest in three equal annual installments through March 10, 2028, contingent on continued employment.

What restricted stock unit (RSU) award did SFD grant to Kraig A. Westerbeek?

SMITHFIELD FOODS INC granted 34,319 restricted stock units to Kraig A. Westerbeek. Each RSU represents a contingent right to receive one share of Common Stock and will vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, subject to continuous service.

How did this Form 4 change Kraig A. Westerbeek’s SFD share ownership?

After these awards, Kraig A. Westerbeek directly owns 53,319 shares of Common Stock. The filing also shows he holds 209,259 stock options following the option grant. These figures reflect his updated direct equity and option positions in SMITHFIELD FOODS INC.

Are the SFD equity awards to Kraig A. Westerbeek immediately vested?

No, both awards are subject to multi-year vesting. The RSUs and stock options each vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, and require Kraig A. Westerbeek’s continuous service through those dates.