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Hormel Foods (HRL) executive receives RSU and 38,100 stock option grant

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

Rhea-AI Filing Summary

Hormel Foods Corporation reported new equity awards to a senior executive. A Group Vice President received 5,925 shares of common stock on December 9, 2025 at a price of $0, described as restricted stock units granted under the Hormel Foods Corporation 2018 Incentive Compensation Plan. These units vest three years after the grant date.

After this grant, the executive beneficially owns 23,217.656 shares of common stock directly and 4,261.331 shares indirectly through a JEPST Plan. The filing also reports an award of 38,100 stock options with an exercise price of $23.63 per share, exercisable until December 9, 2035. The options vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026, and the executive holds 38,100 derivative securities following the transaction.

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*
Weber David F

(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)
Group 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) 5,925 A $0 23,217.656 D
Common Stock 4,261.331 I JEPST 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) $23.63 12/09/2025 A 38,100 (2) 12/09/2035 Common Stock 38,100 $0 38,100 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:
/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 did Hormel Foods (HRL) disclose in this Form 4 filing?

Hormel Foods Corporation disclosed that a Group Vice President received awards of restricted stock units and stock options under the Hormel Foods Corporation 2018 Incentive Compensation Plan on December 9, 2025.

How many restricted stock units did the Hormel Foods executive receive?

The executive received 5,925 restricted stock units of Hormel Foods common stock at a price of $0 per share, granted on December 9, 2025.

What are the vesting terms for the restricted stock units at Hormel Foods (HRL)?

The 5,925 restricted stock units granted under the 2018 Incentive Compensation Plan vest three years after the grant date of December 9, 2025.

How many stock options were granted and at what exercise price?

The executive was granted 38,100 stock options (right to buy) Hormel Foods common stock with an exercise price of $23.63 per share, expiring on December 9, 2035.

What are the vesting terms for the Hormel Foods stock options granted in this filing?

The 38,100 stock options vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026.

How many Hormel Foods shares does the executive beneficially own after these grants?

Following the reported transactions, the executive beneficially owns 23,217.656 Hormel Foods common shares directly, 4,261.331 shares indirectly through a JEPST Plan, and 38,100 derivative securities in the form of stock options.

Hormel Foods Corp

NYSE:HRL

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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