Hormel Foods (NYSE: HRL) director receives 6,541 restricted stock shares
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Aakre D Scott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,541 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 49,598.42 shares (Direct);
Common Stock — 4,620.523 shares (Indirect, 401(k) Plan)
Footnotes (1)
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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.
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.