Sutton Doug 4

What Happened
Doug Sutton, Chief Manufacturing Officer of Smithfield Foods, was granted two equity awards on March 10, 2026: 81,446 restricted stock units (RSUs) and 216,889 stock-option-style derivative awards. Both grants were reported at $0.00 (typical for compensation awards) and are not purchases or sales. The RSUs and the option award vest in three equal annual installments, subject to Sutton’s continued service.

Key Details

• Transaction date: March 10, 2026; Form filed March 12, 2026 (reporting period 2026-03-10).
• Award amounts and prices: 81,446 RSUs @ $0.00 (acquired); 216,889 derivative award @ $0.00 (acquired).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes:
  • F1 — RSUs: each RSU represents a contingent right to one share; vests in three equal annual installments (grant date, Mar 10, 2027, Mar 10, 2028), subject to continued service.
  • F2 — Option: vests in three equal annual installments on the same schedule, subject to continued service.
• No 10b5-1 plan, tax-withholding sale, or late-filing flag is noted in the summary information provided.

Context
These awards are compensation grants (not open-market purchases or sales) and typically reflect executive pay rather than an immediate signal of buying or selling intent. The options were granted and will vest over time; they have not been exercised or sold. For retail investors, vesting schedules and continued-service conditions are important — the shares/options only become owned/transferable as they vest.