Hormel Foods (NYSE: HRL) SVP receives new RSU and 54,500-option grant
Rhea-AI Filing Summary
Hormel Foods (HRL) insider equity award: A senior vice president received new stock-based compensation on 12/09/2025. The officer was granted 8,464 restricted stock units of common stock at $0 cost under the Hormel Foods Corporation 2018 Incentive Compensation Plan; this award vests three years after the grant date. Following this grant, the officer directly owns 32,661.564 shares of common stock, plus additional indirect holdings through a 401(k) plan, a JEPST plan, and a spouse IRA. The filing also reports an award of 54,500 stock options with a $23.63 exercise price, covering 54,500 shares of common stock. These options were granted under the same 2018 plan and 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.
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FAQ
What insider transaction did Hormel Foods (HRL) report in this Form 4?
The filing reports that a senior vice president of Hormel Foods received equity compensation on 12/09/2025, including restricted stock units and stock options under the Hormel Foods Corporation 2018 Incentive Compensation Plan.
How many restricted stock units did the Hormel Foods (HRL) executive receive?
The executive received an award of 8,464 restricted stock units of Hormel Foods common stock at a grant price of $0, reflecting a stock-based compensation grant.
When do the Hormel Foods (HRL) restricted stock units vest for this insider?
The 8,464 restricted stock units awarded to the senior vice president vest three years after the grant date of 12/09/2025, according to the filing.
What stock options were granted to the Hormel Foods (HRL) officer and at what exercise price?
The officer received 54,500 stock options to purchase Hormel Foods common stock with an exercise price of
What is the vesting schedule for the Hormel Foods (HRL) stock options reported?
The 54,500 stock options vest in four equal annual installments after the 12/09/2025 grant date, with the first installment vesting on December 9, 2026, and they expire on 12/09/2035.
How many Hormel Foods (HRL) shares does the insider own after these grants?
After the reported transactions, the senior vice president directly owns 32,661.564 shares of Hormel Foods common stock and additional indirect holdings through a 401(k) Plan, a JEPST Plan, and a spouse IRA.
Under which plan were the Hormel Foods (HRL) equity awards granted?
Both the restricted stock units and the stock options were granted under the Hormel Foods Corporation 2018 Incentive Compensation Plan, as stated in the explanation of responses.