STOCK TITAN

Hormel Foods (HRL) director Gary C. Bhojwani sells 20,200 shares via trust

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

Rhea-AI Filing Summary

Hormel Foods director Gary C. Bhojwani reported an open-market sale of common stock and updated his share holdings. An entity associated with him, the Gary C. Bhojwani Revocable Trust, sold 20,200 shares of Hormel Foods common stock at a volume-weighted average price of $24.5128 per share on July 8, 2026, with actual prices ranging from $24.47 to $24.57. Following these transactions, Bhojwani holds 29,551.91 shares directly and 32,002 shares indirectly through the revocable trust.

Positive

  • None.

Negative

  • None.
Insider Bhojwani Gary C.
Role null
Sold 20,200 shs ($495K)
Type Security Shares Price Value
Sale Common Stock 20,200 $24.5128 $495K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 32,002 shares (Indirect, Gary C. Bhojwani Revocable Trust); Common Stock — 29,551.91 shares (Direct, null)
Footnotes (1)
  1. Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $24.47 to $24.57. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The reporting person previously transferred 52,202 shares to the Gary C. Bhojwani Revocable Trust, a revocable living trust. Such shares were previously reported as directly owned or indirectly owned in a prior trust.
Shares sold 20,200 shares Open-market sale of common stock on July 8, 2026 by revocable trust
Average sale price $24.5128 per share Volume-weighted average selling price for the 20,200 shares sold
Sale price range $24.47 to $24.57 Actual prices for individual sale transactions on the trade date
Direct holdings after transaction 29,551.91 shares Common stock held directly by Gary C. Bhojwani after reported activity
Indirect holdings after transaction 32,002 shares Common stock held indirectly through the Gary C. Bhojwani Revocable Trust
Previously transferred to trust 52,202 shares Shares earlier moved to the Gary C. Bhojwani Revocable Trust from prior ownership
Net shares sold 20,200 shares Net buy/sell activity across reported transactions in this Form 4
volume weighted average selling price financial
"Price is the volume weighted average selling price of all sales..."
revocable living trust financial
"a revocable living trust. Such shares were previously reported..."
indirect ownership financial
"Such shares were previously reported as directly owned or indirectly owned..."
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FAQ

What insider transaction did HRL director Gary C. Bhojwani report?

Gary C. Bhojwani reported that a revocable trust associated with him sold 20,200 shares of Hormel Foods common stock in an open-market transaction on July 8, 2026, and updated his direct and indirect holdings.

At what price were the 20,200 HRL shares sold by Gary C. Bhojwani’s trust?

The 20,200 Hormel Foods (HRL) shares were sold at a volume-weighted average price of $24.5128 per share, with actual individual sale prices ranging from $24.47 to $24.57 on the transaction date.

How many Hormel Foods (HRL) shares does Gary C. Bhojwani hold after this Form 4?

After the reported transactions, Gary C. Bhojwani holds 29,551.91 shares of Hormel Foods directly and 32,002 shares indirectly through the Gary C. Bhojwani Revocable Trust, as disclosed in the Form 4.

What entity executed the sale of HRL shares reported by Gary C. Bhojwani?

The sale was executed by the Gary C. Bhojwani Revocable Trust, a revocable living trust associated with him. The Form 4 classifies this as indirect ownership rather than a direct personal holding.

What does the Form 4 say about prior transfers of HRL shares to Bhojwani’s trust?

The filing notes that Gary C. Bhojwani previously transferred 52,202 shares to the Gary C. Bhojwani Revocable Trust, and that these shares had been reported earlier as either directly owned or indirectly owned in a prior trust.

How many total HRL shares were sold versus bought in this Form 4?

The Form 4 reports 20,200 shares sold and no share purchases, resulting in net reported activity of 20,200 shares sold and a net-sell direction for Gary C. Bhojwani’s reported transactions.
SEC Form 4
FORM 4UNITED 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*
Bhojwani Gary C.

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/08/2026S20,200D$24.5128(1)32,002(2)IGary C. Bhojwani Revocable Trust
Common Stock29,551.91D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Price is the volume weighted average selling price of all sales by the reporting person on the transaction date within a one dollar range. Actual prices ranged from $24.47 to $24.57. The reporting person hereby undertakes to provide upon request of the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
2. The reporting person previously transferred 52,202 shares to the Gary C. Bhojwani Revocable Trust, a revocable living trust. Such shares were previously reported as directly owned or indirectly owned in a prior trust.
Remarks:
/s/ Benjamin S. Borden, Attorney-In-Fact07/10/2026
** Signature of Reporting PersonDate
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)