Long Wan - 29 Jan 2025 Form 4 Insider Report for SMITHFIELD FOODS INC (SFD)

Role
Director
Signature
/s/ David Coleman, as Attorney-in-Fact
Issuer symbol
SFD
Transactions as of
29 Jan 2025
Net transactions value
+$64,000,000
Form type
4
Filing time
30 Jan 2025, 17:04:11 UTC
Previous filing
27 Jan 2025
Next filing
09 Sep 2025
SEC
View on sec.gov

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 +60,000 $0.000000 60,000 29 Jan 2025 Direct F1
transaction SFD Common Stock, no par value Purchase $64,000,000 +3,200,000 +5333% $20.00 3,260,000 29 Jan 2025 Direct

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 +392,897 $0.000000 392,897 29 Jan 2025 Common Stock 392,897 $20.00 Direct F2
* 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 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.