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Hormel Foods CFO receives 62,468-unit stock grant

The award vests over three anniversaries: 50% on the first, then 25% on each of the second and third.

(Neutral)

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Form Type
4

Rhea-AI Filing Summary

Hormel Foods Corporation Executive VP & CFO Ash Bhumbla acquired an award of 62,468 restricted stock units on October 13, 2026, under the 2026 Equity and Incentive Compensation Plan. The reported resulting direct position was 62,468 shares.

Insider Bhumbla Ash
Role Executive VP & CFO
Type Security Shares Price Value
Grant/Award Common Stock F1 62,468 $0.00 $0.00
Holdings After Transaction: Common Stock — 62,468 shares (Direct)
Footnotes (1)
  1. F1. Award of restricted stock units pursuant to the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan. Award vests in three tranches, with 50% of the award vesting on the first anniversary of the grant date, 25% of the award vesting on the second anniversary of the grant date, and 25% of the award vesting on the third anniversary of the grant date.
Restricted stock units awarded 62,468 restricted stock units Awarded October 13, 2026
Resulting direct position 62,468 shares Reported after the October 13, 2026 transaction
First-anniversary vesting 50% Of the award
Second-anniversary vesting 25% Of the award
Third-anniversary vesting 25% Of the award
restricted stock units financial
"Award of restricted stock units pursuant to the"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tranches financial
"Award vests in three tranches"
Tranches are portions or slices of a larger financing deal—such as a loan, bond issue, or equity round—that are released at different times or under different conditions. For investors they matter because each tranche can carry different risk, interest or payout terms and may be paid only if certain targets are met; think of funding as slices of a cake handed out as progress is made.
vesting financial
"vesting on the first anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
2026 Equity and Incentive Compensation Plan financial
"pursuant to the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did HRL CFO Ash Bhumbla receive?

Ash Bhumbla received an award of 62,468 restricted stock units on October 13, 2026.

When do Ash Bhumbla’s HRL restricted stock units vest?

The award vests in three tranches: 50% on the first anniversary of the grant date, 25% on the second anniversary, and 25% on the third anniversary.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Bhumbla Ash

(Last)(First)(Middle)
1 HORMEL PLACE

(Street)
AUSTIN MINNESOTA 55912

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
HORMEL FOODS CORP /DE/ [ HRL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive VP & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock10/13/2026A(1)62,468A$062,468D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Award of restricted stock units pursuant to the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan. Award vests in three tranches, with 50% of the award vesting on the first anniversary of the grant date, 25% of the award vesting on the second anniversary of the grant date, and 25% of the award vesting on the third anniversary of the grant date.
Remarks:
/s/ Benjamin S. Borden, Attorney-In-Fact10/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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