Hormel Foods (HRL) director granted 6,541 restricted shares, total holdings 121,880

Rhea-AI Filing Summary

Hormel Foods Corporation director equity grant: Non-employee director Christopher J. Policinski received an award of 6,541 shares of Hormel common stock on 02/02/2026 under the company’s 2026 Equity and Incentive Compensation Plan. The restricted shares vest when Hormel holds its next annual meeting of stockholders.

After this award, Policinski beneficially owns 121,880.576 common shares in direct form, which includes phantom stock units credited through dividend equivalent conversions under the Nonemployee Director Deferred Stock Subplan since his prior filing.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Policinski Christopher J.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,541	$0.00	--

Holdings After Transaction: Common Stock — 121,880.576 shares (Direct)

Footnotes (1)

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. Includes phantom stock units received by the Reporting Person upon conversion of dividend equivalents under the Hormel Foods Corporation Nonemployee Director Deferred Stock Subplan since the date of the Reporting Person's last filing through the date of the reported transaction.

Form 4 Insider Transactions: What Each Field Means →

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^*

Policinski Christopher J.

(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	121,880.576(2)	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.

2. Includes phantom stock units received by the Reporting Person upon conversion of dividend equivalents under the Hormel Foods Corporation Nonemployee Director Deferred Stock Subplan since the date of the Reporting Person's last filing through the date of the reported transaction.

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 Christopher J. Policinski?

Hormel Foods reported an equity award to director Christopher J. Policinski. On 02/02/2026, he received 6,541 shares of Hormel common stock as a restricted stock grant under the 2026 Equity and Incentive Compensation Plan, recorded at a price of $0 per share.

How many Hormel (HRL) shares does Christopher J. Policinski own after this Form 4?

Following the reported grant, Policinski beneficially owns 121,880.576 shares. This total reflects his direct common stock holdings and includes phantom stock units accumulated from dividend equivalents under the Nonemployee Director Deferred Stock Subplan since his previous filing.

What type of shares were granted to the Hormel (HRL) director on 02/02/2026?

The director received restricted shares of Hormel common stock. The Form 4 states the 6,541-share award was granted under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan as restricted stock, rather than options or other derivative securities.

When do Christopher J. Policinski’s Hormel (HRL) restricted shares vest?

The restricted shares vest at Hormel’s next annual stockholder meeting. The filing explains that the 6,541 restricted shares are subject to a restricted period that expires on the date of the issuer’s next annual meeting of stockholders, linking vesting to that event.

Did Christopher J. Policinski pay cash for the new Hormel (HRL) shares?

No cash payment is shown for the awarded shares. The Form 4 lists 6,541 common shares acquired with a transaction code “A” at a price per share of $0. This characterizes the transaction as a compensatory stock grant, not an open-market purchase.

What are the phantom stock units mentioned in the Hormel (HRL) Form 4?

The phantom stock units arise from dividend equivalents on deferred director stock. According to the footnote, they are credited to Policinski under the Nonemployee Director Deferred Stock Subplan when dividends are converted into additional units, and are included in his reported beneficial ownership.