Hormel Foods (HRL) director updates holdings after 605-share Form 4 transaction
Rhea-AI Filing Summary
Hormel Foods Corporation director reports a small stock transaction. A director of Hormel Foods Corp. (HRL) reported a transaction on 12/06/2025 involving company common stock. The filing shows 605 shares of common stock disposed of at a price of $24.34 per share under transaction code F, which typically reflects shares withheld to cover obligations such as taxes on equity awards. After this activity, the director reports beneficial ownership of 37,499.4199 shares of common stock held directly and 4,566.723 shares held indirectly through a 401(k) Plan. The footnote explains that the reported holdings include dividend equivalents on restricted stock units that have been reinvested as additional restricted stock units since the prior filing.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 605 | $24.34 | $15K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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FAQ
What insider transaction did Hormel Foods (HRL) report in this Form 4?
The Form 4 reports that a director of Hormel Foods Corp. (HRL) disposed of 605 shares of common stock on 12/06/2025 at $24.34 per share under transaction code F.
What does transaction code F mean in this Hormel Foods (HRL) Form 4?
In this Form 4 for Hormel Foods (HRL), transaction code F is used for the 605-share disposition, which typically indicates shares withheld to satisfy obligations related to equity awards, such as taxes.
What role does the reporting person have at Hormel Foods (HRL)?
The reporting person is identified as a Director of Hormel Foods Corp. (HRL), with the form filed by one reporting person.
What is noted in the footnote about restricted stock units for Hormel Foods (HRL)?
The footnote states that the holdings include dividend equivalents paid on restricted stock units since the director's last filing, which have been reinvested in additional restricted stock units through the date of the reported transaction.
Does the Hormel Foods (HRL) Form 4 show indirect ownership?
Yes. The Form 4 reports 4,566.723 shares of Hormel Foods common stock held indirectly through a 401(k) Plan, in addition to the director's direct holdings.