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Hormel Foods (NYSE: HRL) director receives 6,541 restricted stock shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hormel Foods Corporation director Aakre D. Scott received an equity award of 6,541 shares of common stock on February 2, 2026. The shares were granted at a price of $0.00 as restricted stock under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan.

The restricted shares are subject to a restricted period that will expire on the date of Hormel’s next annual meeting of stockholders. Following this award, Scott beneficially owns 49,598.4199 Hormel common shares directly and 4,620.5226 shares indirectly through a 401(k) plan.

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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)
02/02/2026
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 02/02/2026 A(1) 6,541 A $0 49,598.4199 D
Common Stock 4,620.5226 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. Award of restricted shares to non-employee director pursuant to the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan. The restricted shares are subject to a restricted period, which expires upon the date of the Issuer's next annual meeting of stockholders.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Benjamin S. Borden, Attorney-In-Fact 02/04/2026
** 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.

FAQ

What did Hormel Foods (HRL) director Aakre D. Scott report on this Form 4?

Aakre D. Scott reported receiving 6,541 shares of Hormel Foods common stock as a restricted stock award. The grant occurred on February 2, 2026, under the company’s 2026 Equity and Incentive Compensation Plan for non-employee directors.

How many Hormel Foods (HRL) shares does Aakre D. Scott own after this transaction?

After the award, Aakre D. Scott beneficially owns 49,598.4199 Hormel common shares directly. In addition, 4,620.5226 shares are held indirectly through a 401(k) plan, reflecting both the new restricted stock award and existing holdings.

What type of shares were granted to the Hormel Foods (HRL) director on February 2, 2026?

The director received restricted shares of Hormel Foods common stock. These 6,541 restricted shares were granted under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan for non-employee directors at a price of $0.00 per share.

When do the restricted Hormel Foods (HRL) shares granted to Aakre D. Scott vest?

The restricted shares are subject to a restricted period that ends on the date of Hormel Foods’ next annual meeting of stockholders. At that time, the restrictions on the 6,541 granted shares are scheduled to lapse, subject to plan terms.

Was this Hormel Foods (HRL) Form 4 transaction a purchase or an award?

The Form 4 reflects an award, not an open-market purchase. Aakre D. Scott received 6,541 restricted shares coded as an “A” transaction, indicating an acquisition through the company’s 2026 Equity and Incentive Compensation Plan at no cash cost.

How are some of Aakre D. Scott’s Hormel Foods (HRL) shares held?

In addition to directly held shares, 4,620.5226 Hormel common shares are held indirectly for Aakre D. Scott in a 401(k) plan. This indirect ownership is reported separately on the Form 4 as beneficially owned through the retirement plan.
Hormel Foods Corp

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13.54B
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Packaged Foods
Meat Packing Plants
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United States
AUSTIN