SFD President Steven France sells 82,825 shares ($2.2M) at $26.82; holds 145,429 shares post-transaction plus 165,645 stock options.
Steven France, President of Packaged Meats at Smithfield Foods, sold 82,825 shares at $26.82 on 2026-06-16, reducing his non-derivative holdings by -36.3% from 228,254 to 145,429 shares while retaining 165,645 shares in derivative form (stock options). The stock traded at $25.95 at filing time, -12.9% from its 52-week high of $29.80, and is up +3.8% over the prior 30 days and +10.2% over 90 days. His prior two purchases at Smithfield Foods showed mixed outcomes: a well-timed January 2025 buy that returned +8.4% at the 90-day mark, followed by a September 2025 buy that declined -5.7% at 90 days. The sale occurs at a price above the current market level and within a company showing solid fundamentals—$3.8B in latest-quarter revenue, +9.8% annual growth, and a P/E of 10.14—suggesting the transaction reflects a partial portfolio adjustment rather than a distress signal.