secwatch.observer — SEC 8-K summary
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Issuer:     SMITHFIELD FOODS INC (SFD)
CIK:        0000091388
Form:       8-K/A
Filed at:   2025-04-18T23:59:59+00:00
Accession:  0000091388-25-000025
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Smithfield Foods amends 8-K to correct 2024 executive compensation figures
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- CEO Shane Smith total 2024 compensation corrected to $14,902,423 (salary $1.5M, bonus $3M).
- CFO Mark Hall total $7,893,730; President Packaged Meats France total $9,833,661.
- Correction affects 'Change in Pension Value' and 'All Other Compensation' columns from prior 8-K.
- Bonuses subject to clawback: 50% repayment if resignation within 1 year, 25% within 2 years.
- All Other Compensation includes personal use of aircraft ($15,073 for CEO), 401(k) contributions, and auto allowances.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91388/000009138825000025/0000091388-25-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91388/000009138825000025/sfd-20250418.htm
  HTML page:      https://secwatch.observer/filing/0000091388-25-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer