Hall Mark L. 4

What Happened

• Mark L. Hall, Chief Financial Officer of Smithfield Foods, had 3,848 restricted stock unit (RSU) shares withheld to satisfy tax withholding obligations tied to RSU vesting. The withholding value is shown as 3,848 shares × $23.65 = $91,005. This was not an open‑market sale of shares.

Key Details

• Transaction date: 2026-01-28; Filing date: 2026-06-08 (filed several months after the transaction, which appears late relative to the standard 2-business-day Form 4 deadline).
• Price used for withholding: $23.65 per share.
• Shares withheld/disposed: 3,848 shares for tax withholding (transaction code F).
• Shares owned after transaction: Not reported on this filing.
• Footnote: Issuer withheld shares to satisfy tax obligations on RSU vesting; no shares were sold in the market.

Context

• This was a tax-withholding event tied to RSU vesting (routine administrative disposition), not an intentional open-market sale or purchase signal. Code F indicates shares were surrendered to cover taxes rather than traded. For retail investors, these events are common and generally do not by themselves indicate insider sentiment.