STOCK TITAN

Hormel (HRL) chairman William Newlands granted 6,541 restricted shares

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

Rhea-AI Filing Summary

Hormel Foods Corporation director William A. Newlands, who serves as Chairman of the Board, received an award of 6,541 shares of common stock on February 2, 2026. These are restricted shares granted under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan.

The restricted shares are subject to a holding period that lasts until the company’s next annual meeting of stockholders. After this grant, Newlands beneficially owns 51,216.71 common shares, a figure that includes phantom stock units credited from dividend equivalents under a deferred stock subplan.

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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*
Newlands William A

(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) X Other (specify below)
Chairman of the Board
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 51,216.71(2) D
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.
2. Includes phantom stock units received by the Reporting Person upon conversion of dividend equivalents under the Hormel Foods Corporation Nonemployee Director Deferred Stock Subplan since the date of the Reporting Person's last filing through the date of the reported transaction.
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 insider transaction did HRL director William A. Newlands report?

William A. Newlands reported receiving 6,541 shares of Hormel Foods common stock. The award was made as restricted stock under the company’s 2026 Equity and Incentive Compensation Plan and reflects his role as a non-employee director and Chairman of the Board.

On what date were the 6,541 Hormel (HRL) shares awarded to William A. Newlands?

The 6,541 restricted shares were awarded on February 2, 2026. This date marks the grant under Hormel Foods Corporation’s 2026 Equity and Incentive Compensation Plan, as disclosed in the insider transaction report for Chairman and director William A. Newlands.

Are the 6,541 Hormel (HRL) shares granted to William A. Newlands immediately vested?

No, the 6,541 shares are restricted and subject to a holding period. The restricted period lasts until the date of Hormel Foods Corporation’s next annual meeting of stockholders, after which the restrictions on the awarded shares are scheduled to lapse.

How many Hormel (HRL) shares does William A. Newlands beneficially own after this award?

After the restricted stock award, William A. Newlands beneficially owns 51,216.71 Hormel common shares. This total includes phantom stock units credited from dividend equivalents under the company’s Nonemployee Director Deferred Stock Subplan since his prior reporting date.

What plan was used for William A. Newlands’ 6,541-share Hormel (HRL) grant?

The 6,541-share grant was made under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan. It specifically represents an award of restricted shares to a non-employee director, subject to a restricted period ending at the next annual stockholders meeting.

What are phantom stock units referenced in William A. Newlands’ Hormel (HRL) filing?

Phantom stock units in this context are bookkeeping entries tied to Hormel stock. Newlands’ total includes units received from dividend equivalents under the Nonemployee Director Deferred Stock Subplan, which track the value of shares rather than representing currently issued common stock.
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Packaged Foods
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