Watts Keller D. 4/A
4/A · SMITHFIELD FOODS INC · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
Smithfield Foods (SFD) CBO Watts Keller Withholds 10,684 Shares
What Happened
- Watts Keller, Chief Business Officer of Smithfield Foods, had 10,684 shares withheld by the company on March 10, 2026 to satisfy tax withholding for vested restricted stock units (RSUs). The withholding is recorded at $23.76 per share, totaling approximately $253,852. This was a tax-withholding disposition (Form 4 code F), not an open-market sale.
Key Details
- Transaction date: March 10, 2026; Price used: $23.76 per share; Shares withheld: 10,684; Value: ~$253,852.
- Footnote: The issuer withheld shares to satisfy tax obligations related to RSU vesting; no shares were sold on the open market (F1).
- Filing: This is an amended Form 4/A filed June 9, 2026 to correct an omission in the original Form 4 filed March 12, 2026. The amendment adds the issuer's share-withholding detail.
- Amount owned following the transaction: not stated in the provided filing excerpt.
Context
- Withholding of shares to cover taxes on RSU vesting is a routine administrative action and differs from an insider selling shares in the market; it does not necessarily signal the insider’s view of the stock. The Form 4 amendment simply corrects the original filing to include the tax-withholding disposition.
Insider Transaction Report
Form 4/AAmended
Watts Keller D.
Chief Business Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-03-10$23.76/sh−10,684$253,852→ 145,619 total
Footnotes (1)
- [F1]Represents the withholding of shares by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). No shares were sold in the market as a result of the vesting of these RSUs and the satisfaction of tax withholding obligations.
Signature
/s/ David Coleman, as Attorney-in-Fact|2026-06-09