Form 4: Smithfield Foods Executive Reports Stock Transaction

Robert Allen Brobst Jr., Chief Accounting Officer at Smithfield Foods, reported a transaction involving the withholding of shares to cover tax obligations.

Summary

• Robert Allen Brobst Jr., Chief Accounting Officer at Smithfield Foods, Inc., engaged in a transaction on January 28, 2026.
• This transaction involved the withholding of 822 shares of common stock by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs).
• The value of the shares withheld was $23.65 per share.
• Following this transaction, Brobst beneficially owns 10,778 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard administrative transaction for tax purposes rather than a strategic investment or divestment decision by management.

Positives

• The transaction was a standard procedure for satisfying tax obligations upon RSU vesting, not a sale of shares in the open market.
• The reporting person continues to hold a significant number of shares (10,778) directly.

Negatives

• A portion of the vested RSUs were effectively used to cover tax liabilities, reducing the net shares received by the executive.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, as it pertains to a past transaction.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions and are standard practice for executives managing their compensation packages, particularly with equity awards like RSUs.

Stakeholder Impact

• Shareholders: No direct impact on the company's outstanding shares as no shares were sold in the market. The transaction is internal to the executive's compensation.

Key Dates

Keywords

Form 4, SEC Filing, Smithfield Foods, Robert Allen Brobst Jr., Chief Accounting Officer, Restricted Stock Units, RSU Vesting, Tax Withholding, Beneficial Ownership