Hormel Foods Corp SEC Filings

Hormel Foods Corporation reported an insider equity award for its interim CEO and director. On 01/02/2026, the reporting person received stock options for 436,300 shares of common stock with an exercise price of $23.39 per share under the Hormel Foods Corporation 2018 Incentive Compensation Plan. Following the grant, the insider beneficially owned 436,300 derivative securities, held directly. The options vest in two equal installments, with half vesting on October 25, 2026 and the remaining half on April 25, 2027, aligning compensation with longer-term company performance.

Hormel Foods Corporation is asking stockholders to vote at its 2026 annual meeting on electing 12 directors, ratifying Ernst & Young LLP as auditor for the year ending October 25, 2026, approving named executive officer pay on an advisory basis, and approving a new 2026 Equity and Incentive Compensation Plan. The meeting will be held in person on January 27, 2026, in Austin, Minnesota, with an independent Chairman and a board that is predominantly independent.

Fiscal 2025 was challenging: net sales reached $12.1 billion, up 2 percent, but operating income fell 33 percent and net earnings declined 41 percent, driving diluted EPS down to $0.87 from $1.47, largely due to input cost inflation and impairment charges. Despite these pressures, Hormel paid record dividends of $633 million. Incentive payouts reflected weaker results, with annual bonuses generally at 66–71% of target and a three-year cash long-term incentive paying zero, and the company is restructuring benefits, ending its Operators’ Share Plan after 2025 and adjusting pension and profit-sharing programs.

Hormel Foods Corp reported an insider stock sale by a company director. On 12/11/2025, the director sold 13,400 shares of Hormel common stock at $24 per share in an open market transaction coded as a sale. After this transaction, the director beneficially owns 82,088 shares of Hormel common stock in direct ownership.

An insider of Hormel Foods (HRL) filed a notice of proposed sale of 13,400 common shares, to be sold through Morgan Stanley Smith Barney LLC on the NYSE. The filing lists an aggregate market value of $321,600 for these shares and notes that the issuer has 550,107,295 shares of common stock outstanding, showing the sale is small relative to the total.

The shares to be sold were acquired over time through equity compensation: 5,563 shares from an option exercise on 01/08/2019, 6,723 shares from an option exercise on 01/10/2020, and 1,114 shares of restricted stock dated 01/28/2025. The approximate sale date indicated is 12/11/2025. By signing the notice, the seller represents they are not aware of material adverse, nonpublic information about the company.

Hormel Foods Corporation reported an insider equity award for a group vice president. On December 9, 2025, the officer received 7,618 shares of common stock as a restricted stock unit award under the Hormel Foods Corporation 2018 Incentive Compensation Plan, with the award vesting three years after the grant date.

On the same date, the officer was also granted stock options on 49,000 shares of common stock at an exercise price of $23.63 per share, expiring on December 9, 2035. These options vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026. Following these transactions, the officer beneficially owned 52,596.381 shares directly, plus additional shares through a 401(k) plan and a JEPST plan.

Hormel Foods Corporation reported an equity compensation grant to its interim CFO and Controller. On 12/09/2025, the officer received 12,696 shares of common stock as a restricted stock unit award under the Hormel Foods Corporation 2018 Incentive Compensation Plan, with the award vesting three years after the grant date. The filing also reports a grant of stock options to purchase 34,100 shares of common stock at an exercise price of $23.63 per share, expiring on 12/09/2035, vesting in four equal annual installments starting on December 9, 2026. Following these transactions, the officer beneficially owns 27,815.949 shares directly, plus additional indirect holdings through a 401(k) plan, JEPST plan, and a spouse’s JEPST plan.

Hormel Foods (HRL) insider equity award: A senior vice president received new stock-based compensation on 12/09/2025. The officer was granted 8,464 restricted stock units of common stock at $0 cost under the Hormel Foods Corporation 2018 Incentive Compensation Plan; this award vests three years after the grant date. Following this grant, the officer directly owns 32,661.564 shares of common stock, plus additional indirect holdings through a 401(k) plan, a JEPST plan, and a spouse IRA. The filing also reports an award of 54,500 stock options with a $23.63 exercise price, covering 54,500 shares of common stock. These options were granted under the same 2018 plan and vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026, and expire on 12/09/2035.

Hormel Foods Corporation reported a new equity grant to a senior executive who serves as Group Vice President. On December 9, 2025, the executive received 10,792 shares of common stock as an award of restricted stock units under the Hormel Foods Corporation 2018 Incentive Compensation Plan, which vest three years after the grant date. The filing also reports a grant of 69,500 stock options with an exercise price of $23.63, vesting in four equal annual installments starting on December 9, 2026.

After these transactions, the executive beneficially owns 56,787.705 shares of common stock directly, plus 5,428.267 shares through a 401(k) plan and 2,891.663 shares through a JEPST plan. These awards are part of the company’s long-term incentive compensation structure and are reported on a Form 4 for transparency around insider holdings.