SEC Form 4 · accession 0002052253-26-000007
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 12, 2026 | M | 82,825 | $23.76 | A | 228,254 | D | |
| Common StockF1 | Jun 16, 2026 | S | 82,825 | $26.82 | D | 145,429 | 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 | $23.76 | Jun 12, 2026 | M | 82,825 | D | — | Mar 10, 2036 | Common Stock | 82,825 | 165,645 | D |
Explanation of responses
- F1This is a weighted average price. These shares were sold in multiple transactions on June 12, 2026, at prices ranging from $26.93 to $26.76, 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 March 10, 2026, and vested or vests 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 date.
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.