President Sells $2.2M in Stock After Option Exercise
SFD sits 23% above its 52-week low of $21.08.
Summary
Smithfield Foods' President of Packaged Meats sold $2.2 million in company stock, continuing a trend of insider selling.
Key Events · Ownership and Investor Activity · SFD
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President Sells Shares
Steven France, President of Packaged Meats, sold 82,825 shares for $2,221,366.50 at an average price of $26.82 per share on June 16, 2026.
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Option Exercise Preceded Sale
The sale followed the exercise of 82,825 stock options at a price of $23.76 per share, totaling $1,967,922.00, on June 12, 2026.
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Continued Insider Distribution
This transaction contributes to a net insider distribution of over $2 million in open-market sales over the last 90 days, including a similar sale by the CFO on June 11, 2026.
Analysis · SFD · Manufacturing
Steven France, President of Packaged Meats, sold over $2.2 million worth of company stock after exercising options. This transaction follows a similar sale by the CFO last week and contributes to a pattern of insider distribution over the past 90 days.
How filings like this one have moved
In the 30 days to Oct 16, 2026, 29.5% of the 1476 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.41%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SFD was trading at $25.95 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $10.2B. The 52-week trading range was $21.08 to $29.81. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.