SEC Form 4 · accession 0002052233-26-000008
SMITHFIELD FOODS INC · SFD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 9, 2026 | M | 78,579 | $20.00 | A | 213,304 | D | |
| Common StockF1 | Jun 9, 2026 | S | 78,579 | $26.36 | D | 134,725 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $20.00 | Jun 9, 2026 | M | 78,579 | D | — | Jan 26, 2035 | Common Stock | 78,579 | 314,318 | D |
Explanation of responses
- F1This is a weighted average price. These shares were sold in multiple transactions on June 9, 2025, at prices ranging from $26.985 to $26.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within this range.
- F2The stock option was granted on January 29, 2026 and vested or vests in five equal annual installments on January 27, 2026, January 27, 2027, January 27, 2028, January 27, 2029 and January 27, 2030, subject to the Reporting Person's continuous service through such dates.
Remarks
In prior Section 16 filings, the Reporting Person aggregated different classes of derivative securities and reported under Column 9 of Table II the total aggregate amount of different classes of the same type of derivative securities (e.g., all stock options) beneficially owned following the reported transaction. Going forward, the Reporting Person will no longer aggregate different classes of derivative securities but will include under Column 9 of Table II the total number of derivative securities beneficially owned following the reported transaction only with regard to the specific class of derivative securities included in that particular line item.