Steven France - Jan 29, 2025 Form 4 Insider Report for SMITHFIELD FOODS INC (SFD)

Signature
/s/ David Coleman, as Attorney-in-Fact
Stock symbol
SFD
Transactions as of
Jan 29, 2025
Transactions value $
$150,000
Form type
4
Date filed
1/30/2025, 05:05 PM
Previous filing
Jan 27, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFD Common Stock, no par value ("Common Stock") Award $0 +60K $0.00 60K Jan 29, 2025 Direct F1
transaction SFD Common Stock Purchase $150K +7.5K +12.5% $20.00 67.5K Jan 29, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SFD Stock Option (Right to Buy) Award $0 +393K $0.00 393K Jan 29, 2025 Common Stock 393K $20.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 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.
F2 Reflects shares purchased through a directed share program in the issuer's initial public offering.
F3 The stock option shall vest 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.