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Hormel Foods (NYSE: HRL) grants RSUs and 23,200 stock options to senior VP

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

Rhea-AI Filing Summary

Hormel Foods Corporation reported an equity compensation grant to a senior vice president. On 12/09/2025, the officer received 3,598 shares of common stock as a restricted stock unit award under the Hormel Foods Corporation 2018 Incentive Compensation Plan. The award will vest three years after the grant date.

The officer was also granted stock options covering 23,200 shares of common stock at an exercise price of $23.63 per share, also under the 2018 plan. These options vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026, and expire on 12/09/2035. Following these transactions, the officer beneficially owned 12,590.696 shares of common stock directly and 23,200 stock options directly.

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*
Clark Mary Katherine

(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) 3,598 A $0 12,590.696 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 23,200 (2) 12/09/2035 Common Stock 23,200 $0 23,200 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 insider transaction did Hormel Foods (HRL) disclose in this Form 4?

A senior vice president of Hormel Foods Corporation reported receiving a grant of restricted stock units and a grant of stock options under the company’s 2018 Incentive Compensation Plan.

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

The executive received 3,598 shares of common stock as a restricted stock unit award, which was reported as acquired at a price of $0 per share.

What stock option grant did the Hormel Foods (HRL) executive report?

The executive was granted 23,200 stock options with an exercise price of $23.63 per share, each option representing the right to buy one share of Hormel Foods common stock.

What are the vesting terms of the Hormel Foods (HRL) restricted stock units and options?

The restricted stock units vest three years after the 12/09/2025 grant date. The stock options vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026.

When do the Hormel Foods (HRL) stock options granted to the executive expire?

The stock options granted to the executive expire on 12/09/2035, as reported in the derivative securities table.

How many Hormel Foods (HRL) shares and options does the executive own after these grants?

After the reported transactions, the executive beneficially owned 12,590.696 shares of Hormel Foods common stock directly and 23,200 stock options directly.

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