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Hormel Foods (HRL) director updates holdings after 605-share Form 4 transaction

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

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.

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*
Aakre D Scott

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/06/2025
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 12/06/2025 F 605 D $24.34 37,499.4199(1) D
Common Stock 4,566.723 I 401(k) 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
Explanation of Responses:
1. Includes dividend equivalents paid on restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional restricted stock units.
Remarks:
/s/ Benjamin S. Borden, Attorney-In-Fact 12/09/2025
** 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) 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.

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

Following the reported transaction, the director beneficially owns 37,499.4199 shares of Hormel Foods common stock directly and 4,566.723 shares indirectly through a 401(k) Plan.

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.

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13.12B
290.69M
0.25%
90.64%
2.28%
Packaged Foods
Meat Packing Plants
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United States
AUSTIN