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Hormel Foods (HRL) director receives 6,541 restricted shares in equity grant

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

Rhea-AI Filing Summary

Hormel Foods Corporation director Debbra L. Schoneman received an award of 6,541 shares of common stock on February 2, 2026 under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan. The restricted shares were granted at $0 per share, increasing her directly held stake to 14,487 shares. The restricted period on this award lasts until the date of the company’s next annual meeting of stockholders.

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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*
Schoneman Debbra L.

(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 14,487 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.
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 Hormel Foods (HRL) report for Debbra L. Schoneman?

Hormel Foods reported that director Debbra L. Schoneman received 6,541 restricted shares of common stock on February 2, 2026. The grant was made under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan at a price of $0 per share.

How many Hormel Foods (HRL) shares does Debbra L. Schoneman own after this Form 4?

After the restricted stock award, Debbra L. Schoneman beneficially owns 14,487 shares of Hormel Foods common stock. All of these shares are reported as directly owned, reflecting her updated holdings following the February 2, 2026 equity grant.

What are the vesting terms of the restricted shares granted to the Hormel Foods (HRL) director?

The 6,541 restricted shares awarded to Debbra L. Schoneman are subject to a restricted period that lasts until Hormel Foods’ next annual meeting of stockholders. The restriction expires on the date that meeting is held, as described in the Form 4 footnote.

Under which plan were the Hormel Foods (HRL) restricted shares granted to Debbra L. Schoneman?

The restricted shares were granted pursuant to the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan. This plan provides equity and incentive compensation to eligible participants, including non-employee directors such as Debbra L. Schoneman.

Was cash paid for the restricted stock award reported in the Hormel Foods (HRL) Form 4?

No cash was paid for this award. The Form 4 shows the 6,541 restricted shares of Hormel Foods common stock were acquired at a price of $0 per share, reflecting a compensatory equity grant to the non-employee director.
Hormel Foods Corp

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