Gallagher Marie T. 4

What Happened
Marie T. Gallagher, a director of Smithfield Foods, was granted 6,915 restricted stock units (RSUs) on 2026-06-02. The Form 4 reports the grant at $0.00 per unit (reported value $0) because RSUs are awards, not purchases. According to the filing, each RSU represents a contingent right to one share and the RSUs will vest on the day of the company’s 2027 annual shareholders meeting.

Key Details

• Transaction date: 2026-06-02 (reported on Form 4 filed 2026-06-03). Filing appears timely (within required Form 4 window).
• Grant type/code: A (award/grant of RSUs). Reported price: $0.00; reported acquisition value: $0.
• Shares/units granted: 6,915 RSUs.
• Vesting: RSUs vest on the day of the 2027 annual meeting (per footnote).
• Shares owned after transaction: Not specified in the information provided on this summary.
• Footnote: F1 — Each RSU is a contingent right to one common share; vesting occurs at the 2027 annual meeting.

Context
RSUs are a form of compensation that convert into actual shares only when they vest; they do not represent immediate open-market buying or selling. Such grants are common for directors and employees as long-term compensation and do not by themselves indicate a buy/sell signal. For investors, outright purchases by insiders are typically more directly informative about personal conviction than routine compensation awards.