Hormel Foods (NYSE: HRL) files Form 4 on RSU and stock option grants

Rhea-AI Filing Summary

Hormel Foods Corporation reported an insider equity award for a senior vice president on Form 4. On December 9, 2025, the officer received 4,232 shares of common stock as an award of restricted stock units at a price of $0 per share under the Hormel Foods Corporation 2018 Incentive Compensation Plan, which vest three years after the grant date. After this award, the officer directly owned 20,028.008 shares of common stock, along with 7,858.911 shares in a 401(k) plan, 1,577.58 shares in a JEPST plan, and 700 shares in a spouse’s 401(k) plan. The officer was also granted 27,200 stock options with an exercise price of $23.63 per share, vesting in four equal annual installments beginning on December 9, 2026 and expiring on December 9, 2035.

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^*

Lilly Pierre M

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
12/09/2025

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	12/09/2025		A(1)		4,232	A	$0	15,796.008	D
Common Stock	12/09/2025		A(1)		4,232	A	$0	20,028.008	D
Common Stock								7,858.911	I	401(k) Plan
Common Stock								1,577.58	I	JEPST Plan
Common Stock								700	I	Spouse 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
Stock Options (Right to Buy)	$23.63	12/09/2025		A		27,200		(2)	12/09/2035	Common Stock	27,200	$0	27,200	D

Explanation of Responses:

1. Award of restricted stock units pursuant to the Hormel Foods Corporation 2018 Incentive Compensation Plan. Award vests three years after the grant date.

2. Award of stock options pursuant to the Hormel Foods Corporation 2018 Incentive Compensation Plan. Award vests in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026.

Remarks:

	/s/ Benjamin S. Borden, Attorney-In-Fact	12/11/2025
	** 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 in this Form 4?

The filing shows a senior vice president of Hormel Foods Corporation received equity awards consisting of restricted stock units and stock options under the company’s 2018 Incentive Compensation Plan on December 9, 2025.

How many Hormel Foods (HRL) shares were granted as restricted stock units?

The officer received 4,232 shares of common stock as an award of restricted stock units at a price of $0 per share, reflecting a stock-based compensation grant rather than a market purchase.

What stock option grant did the Hormel Foods (HRL) executive receive?

The executive was granted 27,200 stock options with an exercise price of $23.63 per share, exercisable for Hormel Foods common stock and expiring on December 9, 2035.

What are the vesting terms of the Hormel Foods (HRL) restricted stock units and options?

The restricted stock units vest in full three years after the grant date. The stock options vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026.

How many Hormel Foods (HRL) shares did the executive own after the reported transactions?

Following the transactions, the officer directly owned 20,028.008 shares of common stock and held an additional 7,858.911 shares in a 401(k) plan, 1,577.58 shares in a JEPST plan, and 700 shares in a spouse’s 401(k) plan.

Are the Hormel Foods (HRL) awards part of a specific incentive plan?

Yes. Both the restricted stock units and stock options were granted pursuant to the Hormel Foods Corporation 2018 Incentive Compensation Plan, which governs these equity-based awards.