Brobst Robert Allen JR 4

What Happened Brobst Robert Allen Jr., Chief Accounting Officer of Smithfield Foods (SFD), had 822 shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs). The withholding was recorded at $23.65 per share for a total value of $19,440. This was not an open-market sale — shares were surrendered to the issuer to cover taxes.

Key Details

• Transaction date: 2026-01-28; price used for withholding: $23.65 per share.
• Shares withheld/disposed: 822 (total value ~$19,440).
• Shares owned after transaction: not reported in the filing.
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding on RSU vesting; no shares were sold in the market.
• Filing date: 2026-06-09 — the Form 4 was filed well after the transaction date (late filing).

Context Tax-withholding dispositions on RSU vesting are routine administrative actions and do not indicate an active open-market sale or necessarily reflect the insider’s view on the company. Transaction code F denotes shares surrendered to cover tax obligations rather than a purchase (P) or sale (S).