Checkovich Tennille J. 4/A

What Happened
Tennille J. Checkovich, Chief Legal Officer of Smithfield Foods, was granted 10,676 restricted stock units (RSUs) on March 10, 2026 (reported as an Award, code A). The RSUs vest in three equal annual installments (one installment vested on the grant date). To satisfy tax withholding tied to the vesting, the issuer withheld 1,072 shares at $23.76 per share (code F), a withholding value of $25,471. No shares were sold on the open market as part of the withholding.

Key Details

• Transaction date: March 10, 2026.
• Award: 10,676 RSUs granted at $0 (each RSU represents a contingent right to one share).
• Tax withholding: 1,072 shares withheld at $23.76/share, totaling $25,471; reported as a disposition to satisfy taxes (no open-market sale).
• Vesting schedule: RSUs vest in three equal annual installments — on grant date (3/10/2026), March 10, 2027, and March 10, 2028 (subject to continued service).
• Filing: This is an amended Form 4/A filed June 9, 2026, correcting an omission in the Form 4 originally filed March 12, 2026 (which failed to report the issuer’s withholding and misreported post-award beneficial ownership).
• Beneficial ownership after transaction: amendment corrects previously reported amount; amended filing updates the ownership to reflect prior withholding.

Context
RSU grants are a common form of executive compensation and do not represent an open-market purchase or sale by the insider. The withholding of shares to cover taxes is routine and should not be read as a discretionary sale; it simply satisfies payroll tax obligations upon vesting. This amendment clarifies recordkeeping and beneficial ownership reporting rather than revealing new trading intent.