Hormel Foods (NYSE: HRL) awards RSUs and stock options to vice president

Rhea-AI Filing Summary

Hormel Foods Corporation reported an insider equity award for a group vice president. On December 9, 2025, the officer received 7,618 shares of common stock as a restricted stock unit award under the Hormel Foods Corporation 2018 Incentive Compensation Plan, with the award vesting three years after the grant date.

On the same date, the officer was also granted stock options on 49,000 shares of common stock at an exercise price of $23.63 per share, expiring on December 9, 2035. These options vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026. Following these transactions, the officer beneficially owned 52,596.381 shares directly, plus additional shares through a 401(k) plan and a JEPST plan.

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

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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^*

Neufeldt Swen

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/09/2025

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	12/09/2025		A(1)		7,618	A	$0	52,596.381	D
Common Stock								5.154	I	401(k) Plan
Common Stock								1,781.008	I	JEPST 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
Stock Options (Right to Buy)	$23.63	12/09/2025		A		49,000		(2)	12/09/2035	Common Stock	49,000	$0	49,000	D

Explanation of Responses:

1. Award of restricted stock units pursuant to the Hormel Foods Corporation 2018 Incentive Compensation Plan. Award vests three years after the grant date.

2. Award of stock options pursuant to the Hormel Foods Corporation 2018 Incentive Compensation Plan. Award vests in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026.

Remarks:

	/s/ Benjamin S. Borden, Attorney-In-Fact	12/11/2025
	** 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 company reported that a group vice president received 7,618 shares of common stock as a restricted stock unit award and stock options on 49,000 shares of common stock on December 9, 2025.

What is the vesting schedule for the new equity awards at Hormel Foods (HRL)?

The restricted stock units vest three years after the grant date. The stock options vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026.

What is the exercise price and expiration date of the Hormel Foods (HRL) stock options?

The officer received stock options with an exercise price of $23.63 per share, expiring on December 9, 2035.

How many Hormel Foods (HRL) shares does the officer own after these transactions?

After the reported awards, the officer beneficially owned 52,596.381 shares of common stock directly, plus 5.154 shares through a 401(k) plan and 1,781.008 shares through a JEPST plan.

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.

What is the reporting person’s role at Hormel Foods (HRL)?

The reporting person is an officer of Hormel Foods Corporation, serving as Group Vice President.