Smith Charles Shane 4

What Happened

• Charles Shane Smith, President & CEO and a director of Smithfield Foods Inc. (SFD), received equity awards on 2026-03-10: 146,190 restricted stock units (RSUs) and a derivative award covering 389,303 shares. Both grants were awarded with a $0 acquisition price (compensation awards), totaling 535,493 underlying shares granted.
• These are awards/compensation grants (not open-market purchases or sales) and therefore reflect company compensation, not an immediate buy/sell by the insider.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (filed within the usual SEC two-business-day reporting window).
• Prices/consideration: both reported as acquired at $0.00 (award/compensation).
• Vesting: both awards vest in three equal annual installments on the date of grant (2026-03-10), March 10, 2027, and March 10, 2028, subject to continuous service (F1 = RSUs; F2 = stock option vesting schedule).
• Shares owned after transaction: not reported in the summary provided.
• Filing timeliness: filing appears timely (reported within two business days of the transaction).

Context

• RSUs convert to shares upon vesting; the derivative award is a non-cash equity grant that vests over time (per F2). These are standard long-term incentive awards and do not indicate an immediate purchase or sale of company stock.