SMITHFIELD FOODS officer reports tax share withholding
SMITHFIELD FOODS INC Chief Human Resources Officer Bennett Isham Jay reported a tax-related share disposition tied to equity compensation.
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Rhea-AI Filing Summary
SMITHFIELD FOODS INC Chief Human Resources Officer Bennett Isham Jay reported a tax-related share disposition tied to equity compensation. On the vesting of restricted stock units, 992 shares of common stock were withheld by the company at $23.65 per share to cover tax obligations. No shares were sold in the market, and Jay now directly holds 13,008 common shares after this routine withholding.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 992 | $23.65 | $23K |
Footnotes (1)
- F1. Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with 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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
tax withholding obligations financial
Common Stock financial
FAQ
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What insider transaction did SMITHFIELD FOODS (SFD) report for Bennett Isham Jay?
What role does Bennett Isham Jay hold at SMITHFIELD FOODS (SFD)?
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