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