STOCK TITAN

Hormel Foods (HRL) insider granted RSUs and 36,000 options at $23.39

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

Rhea-AI Filing Summary

Hormel Foods Corporation director and employee reports new equity awards. On 01/02/2026, the reporting person received 5,558 shares of Hormel Foods common stock as an award of restricted stock units under the Hormel Foods Corporation 2018 Incentive Compensation Plan, at a stated price of $0. These restricted stock units vest three years after the grant date.

On the same date, the reporting person was granted stock options to purchase 36,000 shares of Hormel Foods common stock at an exercise price of $23.39 per share, also under the 2018 Incentive Compensation Plan. These options vest in four equal annual installments after the grant date, with the first installment vesting on January 2, 2027, and expire on 01/02/2036. Following these transactions, the reporting person beneficially owned 43,057.4199 shares directly and 4,566.723 shares indirectly through a 401(k) plan.

Positive

  • None.

Negative

  • None.
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*
Aakre D Scott

(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)
01/02/2026
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 01/02/2026 A(1)(2) 5,558 A $0 43,057.4199 D
Common Stock 4,566.723 I 401(k) Plan
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
Stock Options (Right to Buy) $23.39 01/02/2026 A(2)(3) 36,000 (3) 01/02/2036 Common Stock 36,000 $0 36,000 D
Explanation of Responses:
1. Award of restricted stock units pursuant to the Hormel Foods Corporation 2018 Incentive Compensation Plan. Award vests three years after the grant date.
2. Award relates to the Reporting Person's service as an employee of Hormel Foods Corporation.
3. Award of stock options pursuant to the Hormel Foods Corporation 2018 Incentive Compensation Plan. Award vests in four equal annual installments after the grant date, with the first installment vesting on January 2, 2027.
Remarks:
/s/ Benjamin S. Borden, Attorney-In-Fact 01/06/2026
** 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) disclose on January 2, 2026?

The company disclosed that a director and employee received equity awards on 01/02/2026, including restricted stock units and stock options in Hormel Foods common stock.

How many restricted stock units were granted to the Hormel Foods (HRL) insider?

The reporting person was granted 5,558 shares of Hormel Foods common stock as an award of restricted stock units pursuant to the Hormel Foods Corporation 2018 Incentive Compensation Plan.

What stock options were granted to the Hormel Foods (HRL) insider and at what exercise price?

The insider received stock options to buy 36,000 shares of Hormel Foods common stock at an exercise price of $23.39 per share, under the Hormel Foods Corporation 2018 Incentive Compensation Plan.

When do the Hormel Foods (HRL) restricted stock units and options vest?

The restricted stock unit award vests three years after the grant date. The stock options vest in four equal annual installments after the grant date, with the first installment vesting on January 2, 2027, and the options expire on 01/02/2036.

How many Hormel Foods (HRL) shares does the insider own after these transactions?

After the reported transactions, the insider beneficially owned 43,057.4199 shares of Hormel Foods common stock directly and 4,566.723 shares indirectly through a 401(k) Plan.

Under which plan were the Hormel Foods (HRL) equity awards granted?

Both the restricted stock units and the stock options were granted under the Hormel Foods Corporation 2018 Incentive Compensation Plan, relating to the reporting person’s service as an employee of Hormel Foods Corporation.

Hormel Foods Corp

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13.60B
291.12M
0.25%
90.64%
2.28%
Packaged Foods
Meat Packing Plants
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United States
AUSTIN