---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-002996"
form_type: "8-K"
ticker: "SFD"
cik: "0000091388"
company_name: "SMITHFIELD FOODS INC"
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:48:18.674442+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Smithfield Foods completes IPO of 26.1M shares at $20.00, nets $234.1M

## Summary
- IPO closed Jan 29, 2025; 26,086,958 shares sold at $20.00/sh, with 13.0M secondary shares from sole shareholder.
- Company received net proceeds of ~$234.1M after underwriting discounts and expenses.
- Board and shareholder approved Omnibus Incentive Plan (19.7M shares reserved) and Employee Stock Purchase Plan (1.97M shares).
- Underwriters have 30-day option to purchase up to 3,913,042 additional shares at the IPO price.

## SEC filing metadata
- accession: 0001628280-25-002996
- form_type: 8-K
- ticker: SFD
- cik: 0000091388
- company_name: SMITHFIELD FOODS INC
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91388/000162828025002996/0001628280-25-002996-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91388/000162828025002996/sfd-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-002996
- JSON: https://secwatch.observer/filing/0001628280-25-002996.json
- Plain text: https://secwatch.observer/filing/0001628280-25-002996.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.