Hormel Foods (NYSE: HRL) grants director 6,541 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hormel Foods Corporation director Steven Andrew White reported an equity award of common stock. On February 2, 2026, he received 6,541 restricted shares of Hormel common stock under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan at a stated price of $0 per share.
The restricted shares are subject to a restricted period that lasts until the company’s next annual meeting of stockholders. After this award, White beneficially owns 44,926.011 shares directly, which includes phantom stock units credited from dividend equivalents under the Hormel Foods Corporation Nonemployee Director Deferred Stock Subplan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
White Steven Andrew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,541 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 44,926.011 shares (Direct)
Footnotes (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. 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.
FAQ
What insider transaction did Hormel Foods (HRL) director Steven Andrew White report?
Steven Andrew White reported an award of restricted Hormel Foods common stock. He received 6,541 restricted shares on February 2, 2026 under the company’s 2026 Equity and Incentive Compensation Plan as part of his non-employee director compensation.
What are the terms of Steven Andrew White’s restricted stock award from Hormel Foods (HRL)?
The award consists of 6,541 restricted shares of Hormel common stock. These shares were granted at a stated price of $0 per share and are subject to a restricted period that expires on the date of Hormel Foods’ next annual meeting of stockholders.
What are the phantom stock units mentioned in Steven Andrew White’s Hormel Foods (HRL) holding?
Phantom stock units in White’s holdings arise from dividend equivalents. They were received upon conversion of dividend equivalents under the Hormel Foods Corporation Nonemployee Director Deferred Stock Subplan since his last filing through the reported transaction date.
Does Steven Andrew White’s Hormel Foods (HRL) Form 4 involve any stock sales?
The reported Form 4 reflects an acquisition of restricted shares, not a sale. It shows a grant of 6,541 restricted Hormel Foods common shares at a stated price of $0, increasing Steven Andrew White’s total beneficial ownership to 44,926.011 shares.