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Hormel Foods (NYSE: HRL) director awarded 6,541 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hormel Foods Corporation director Michael Paul Zechmeister received an equity grant of common stock. On 02/02/2026, he was awarded 6,541 restricted shares of Hormel Foods common stock at a price of $0. The award was made under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan.

The restricted shares are subject to a restricted period that lasts until the date of the company’s next annual meeting of stockholders. Following this grant, Zechmeister beneficially owns 21,237 shares of Hormel Foods common stock in direct ownership.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Zechmeister Michael Paul

(Last) (First) (Middle)
1 HORMEL PLACE

(Street)
AUSTIN MN 55912

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HORMEL FOODS CORP /DE/ [ HRL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/02/2026 A(1) 6,541 A $0 21,237 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Award of restricted shares to non-employee director pursuant to the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan. The restricted shares are subject to a restricted period, which expires upon the date of the Issuer's next annual meeting of stockholders.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Benjamin S. Borden, Attorney-In-Fact 02/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Hormel Foods (HRL) report for Michael Paul Zechmeister?

Hormel Foods reported that director Michael Paul Zechmeister received an award of 6,541 restricted shares of common stock. The Form 4 shows the grant at a price of $0 under the 2026 Equity and Incentive Compensation Plan, with the shares subject to a restricted period.

How many Hormel Foods (HRL) shares does director Michael Paul Zechmeister own after this Form 4?

After the reported grant, Michael Paul Zechmeister beneficially owns 21,237 Hormel Foods common shares. This total reflects the addition of 6,541 restricted shares awarded on 02/02/2026, all reported as directly owned in the Form 4 filing.

What type of shares did Hormel Foods (HRL) grant to director Michael Paul Zechmeister?

Hormel Foods granted Michael Paul Zechmeister restricted shares of common stock. The award consists of 6,541 restricted shares issued at a price of $0, pursuant to the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan, as disclosed in the Form 4 footnote.

When do Michael Paul Zechmeister’s restricted Hormel Foods (HRL) shares become unrestricted?

The restricted shares granted to Michael Paul Zechmeister remain subject to a restricted period until the date of Hormel Foods’ next annual meeting of stockholders. At that meeting date, the restricted period expires, according to the description provided in the Form 4 footnote.

Was cash paid for the Hormel Foods (HRL) shares reported in this Form 4?

No cash was paid for these shares. The Form 4 lists a transaction price of $0 for the 6,541 restricted shares, indicating they were granted as an equity award under the company’s 2026 Equity and Incentive Compensation Plan rather than purchased on the market.

Under which plan were the restricted Hormel Foods (HRL) shares granted to Michael Paul Zechmeister?

The restricted shares were granted under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan. The Form 4 footnote states that the award of 6,541 restricted shares to the non-employee director was made pursuant to this equity and incentive compensation plan.
Hormel Foods Corp

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12.67B
290.93M
Packaged Foods
Meat Packing Plants
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United States
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