Hormel Foods (NYSE: HRL) director gifts 10,810 shares

Rhea-AI Filing Summary

Hormel Foods director Steven Andrew White reported gifting 10,810 shares of common stock. He made two bona fide gifts of 5,405 shares each on March 18, 2026, one from his direct holdings and one from shares held through his spouse's irrevocable trust.

After these transfers, White held 39,527.751 shares directly and 52,532 shares indirectly via the spouse's irrevocable trust. These are non-cash, non-market transactions and do not reflect open-market buying or selling of Hormel Foods stock.

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^*

White Steven Andrew

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/18/2026		G		5,405	D	$0	39,527.751	D
Common Stock	03/18/2026		G		5,405	A	$0	52,532	I	Spouse's Irrevocable Trust

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:

Remarks:

	/s/ Benjamin S. Borden, Attorney-In-Fact	03/20/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Hormel Foods (HRL) director Steven Andrew White report?

Steven Andrew White reported two bona fide gifts of Hormel Foods common stock. He transferred 5,405 shares from his direct holdings and 5,405 shares from an indirect holding, classified as non-cash gifts rather than open-market sales or purchases.

How many Hormel Foods (HRL) shares did Steven Andrew White gift in total?

He gifted a total of 10,810 Hormel Foods common shares. The transactions consisted of two separate 5,405-share gifts, both recorded with transaction code G, which indicates bona fide gifts rather than market trades at a stated share price.

What are Steven Andrew White’s Hormel Foods (HRL) holdings after the reported gifts?

After the gifts, Steven Andrew White held 39,527.751 Hormel Foods shares directly. He also had 52,532 shares reported as indirectly owned through a spouse's irrevocable trust, reflecting his remaining reported equity exposure following the transfers.

Were Steven Andrew White’s Hormel Foods (HRL) transactions open-market sales?

No, the transactions were reported with code G as bona fide gifts. This means they were non-cash transfers, not open-market sales, and the reported price per share was zero, indicating no sale proceeds were received for these transfers.

How is the spouse's irrevocable trust involved in the Hormel Foods (HRL) Form 4?

One 5,405-share gift came from an indirect holding labeled as a spouse's irrevocable trust. This indicates some of White's reported Hormel Foods ownership is held through that trust, and the Form 4 records a gift disposition from that indirect position.