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Hormel Foods (HRL) reports new equity awards for senior vice president

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

Rhea-AI Filing Summary

Hormel Foods Corporation reported that a senior vice president received new equity awards as part of the company’s 2018 Incentive Compensation Plan. On 12/09/2025, the executive acquired 21,160 shares of common stock at a price of $0, bringing direct beneficial ownership to 49,602.846 shares after the transaction. The filing describes this as an award of restricted stock units that will vest three years after the grant date.

The executive was also granted stock options giving the right to buy 136,200 shares of Hormel Foods common stock at an exercise price of $23.63 per share, expiring on 12/09/2035. These options were granted at no cost and will vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026.

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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*
Batcheler Colleen

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
12/09/2025
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 12/09/2025 A(1) 21,160 A $0 49,602.846 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
Stock Options (Right to Buy) $23.63 12/09/2025 A 136,200 (2) 12/09/2035 Common Stock 136,200 $0 136,200 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 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 December 9, 2026.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Benjamin S. Borden, Attorney-In-Fact 12/11/2025
** 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 equity awards did the Hormel Foods (HRL) executive report on this Form 4?

The senior vice president of Hormel Foods Corporation reported receiving 21,160 shares of common stock through a restricted stock unit award and 136,200 stock options, all granted on 12/09/2025 under the company’s 2018 Incentive Compensation Plan.

How many Hormel Foods (HRL) shares does the executive beneficially own after the reported transaction?

After the 12/09/2025 restricted stock unit award, the executive beneficially owns 49,602.846 shares of Hormel Foods common stock directly.

What are the key terms of the stock options reported by the Hormel Foods (HRL) executive?

The executive received 136,200 stock options with an exercise price of $23.63 per share, expiring on 12/09/2035. The options were granted at a price of $0 and relate to 136,200 shares of Hormel Foods common stock.

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

The restricted stock units vest 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 December 9, 2026.

What is the position of the reporting person at Hormel Foods (HRL)?

The reporting person is an officer of Hormel Foods Corporation and serves as a Senior Vice President.

Are the reported Hormel Foods (HRL) equity awards part of a specific company plan?

Yes. Both the restricted stock units and the stock options were granted under the Hormel Foods Corporation 2018 Incentive Compensation Plan, as stated in the explanation of responses.

Hormel Foods Corp

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13.06B
290.69M
0.25%
90.64%
2.28%
Packaged Foods
Meat Packing Plants
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United States
AUSTIN