Curt Calaway - 17 Nov 2025 Form 4 Insider Report for TYSON FOODS, INC. (TSN)

Signature
/s/ Marissa Savells by Power of Attorney for Curt Calaway
Issuer symbol
TSN
Transactions as of
17 Nov 2025
Transactions value $
-$286,003
Form type
4
Filing time
19 Nov 2025, 17:55:31 UTC
Previous filing
21 Nov 2024
Next filing
26 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Calaway Curt Chief Financial Officer 2200 W DON TYSON PARKWAY, SPRINGDALE /s/ Marissa Savells by Power of Attorney for Curt Calaway 19 Nov 2025 0001557040

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSN Class A Common Stock Options Exercise +3,078 +9.68% 34,857 17 Nov 2025 Direct F1
transaction TSN Class A Common Stock Tax liability -$70,742 -1,332 -3.82% $53.11 33,525 17 Nov 2025 Direct F2
transaction TSN Class A Common Stock Tax liability -$12,640 -238 -0.71% $53.11 33,287 17 Nov 2025 Direct F3
transaction TSN Class A Common Stock Tax liability -$29,513 -550 -1.65% $53.66 32,737 18 Nov 2025 Direct F4
transaction TSN Class A Common Stock Tax liability -$83,763 -1,561 -4.77% $53.66 31,176 18 Nov 2025 Direct F5
transaction TSN Class A Common Stock Tax liability -$89,343 -1,665 -4.97% $53.66 31,833 18 Nov 2025 Direct F6, F7, F8
holding TSN Class A Common Stock 27,099 17 Nov 2025 Joint Revocable Trust

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 TSN Performance Shares Options Exercise -3,078 -100% 0 17 Nov 2025 Class A Common Stock 3,077 Direct F9
transaction TSN Performance Shares Options Exercise -4,579 -1% 0 18 Nov 2025 Class A Common Stock 4,578 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 17, 2025, 3,077.555 shares vested and are reported herein as acquired non-derivative securities. On November 17, 2023, the Reporting Person received a grant of performance shares which would vest in equal installments over two years, and one-half of which vested on November 17, 2024, subject to the achievement of a performance metric in the applicable Stock Incentive Agreement. The performance metric was a cumulative operating income target of $1.161 billion for the 2024 fiscal year. The performance shares could vest at a level of 25 percent - 100 percent per performance criteria and were previously reported in the aggregate as derivative securities at the 100 percent level.
F2 Pursuant to the terms of the award agreement, these shares were withheld by the Issuer to satisfy tax withholding obligations related to the vesting described in footnote 1.
F3 On November 17, 2025, 549.857 shares of restricted Class A Common Stock vested. The restricted shares were previously reported as beneficially owned by the Reporting Person. Pursuant to the terms of the award agreement these shares were withheld by the Issuer to satisfy tax withholding obligations.
F4 On November 18, 2025, 1,269.734 shares of restricted stock vested. The restricted stock was previously reported as beneficially owned by the Reporting Person. Pursuant to the terms of the award agreement these shares were withheld by the Issuer to satisfy tax withholding obligations.
F5 On November 18, 2025, 3,608.385 restricted stock units vested. The restricted stock units were previously reported as beneficially owned by the Reporting Person. Pursuant to the terms of the award agreement these shares were withheld by the Issuer to satisfy tax withholding obligations.
F6 On November 18, 2025, 3,848.945 restricted stock units vested. The restricted stock units were previously reported as beneficially owned by the Reporting Person. Pursuant to the terms of the award agreement these shares were withheld by the Issuer to satisfy tax withholding obligations.
F7 Includes 837.713 shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment plan since the last Statement of Changes in Beneficial Ownership was filed by the Reporting Person. Such acquisitions are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16a-11.
F8 Includes 1,484.682 shares of the Issuer's Class A Common Stock purchased for the Reporting Person's account under the Issuer's Employee Stock Purchase Plan since the last Statement of Changes in Beneficial Ownership was filed by the Reporting Person. Such acquisitions are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16b-3.
F9 These performance shares vested as described in footnote 1.
F10 On November 18, 2025, the Reporting Person's grant of performance shares expired without any shares vesting. On November 18, 2022, the Reporting Person received a grant of performance shares, subject to the achievement of performance criteria in the applicable Stock Incentive Agreement. The performance criteria were (a) a cumulative operating income target of $12 billion for the 2023-2025 fiscal years and (b) a favorable comparison of the relative shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over the 2022-2024 fiscal years, and (c) a cumulative return on invested capital of 11.5% for the 2023-2025 fiscal years. The performance shares could have vested at a level of up to 200 percent per performance criteria and were previously reported in the aggregate as derivative securities at the 200 percent level.