Hormel Foods (HRL) grants 6,541 restricted shares to board director

Rhea-AI Filing Summary

Hormel Foods Corporation director Sally J. Smith reported a stock award of 6,541 shares of common stock on February 2, 2026. The shares were granted as restricted stock under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan at a price of $0 per share.

The restricted shares remain subject to a holding period that lasts until the company’s next annual meeting of stockholders. After this grant and related activity, Smith beneficially owns 86,630.06 Hormel Foods shares, a figure that includes phantom stock units accrued from dividend equivalents under a nonemployee director deferred stock subplan.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SMITH SALLY J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	6,541	$0.00	--

Holdings After Transaction: Common Stock — 86,630.06 shares (Direct)

Footnotes (1)

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

SMITH SALLY J

(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	86,630.06(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 did Hormel Foods (HRL) director Sally J. Smith report in this Form 4?

Sally J. Smith reported receiving an award of 6,541 shares of Hormel Foods common stock on February 2, 2026. These are restricted shares granted under the company’s 2026 Equity and Incentive Compensation Plan and were reported at a price of $0 per share.

How many Hormel Foods shares does Sally J. Smith own after this reported transaction?

After the reported stock award, Sally J. Smith beneficially owns 86,630.06 Hormel Foods shares. This total includes both directly held common stock and phantom stock units accumulated through dividend equivalents under the Nonemployee Director Deferred Stock Subplan since her last filing.

What kind of stock award did Hormel Foods grant to director Sally J. Smith?

Hormel Foods granted Sally J. Smith restricted shares of common stock as a non-employee director. The award consists of 6,541 restricted shares issued under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan, reflecting typical equity compensation for board service rather than an open-market purchase.

When do Sally J. Smith’s restricted Hormel Foods shares become unrestricted?

The restricted shares awarded to Sally J. Smith remain subject to a restricted period that expires on the date of Hormel Foods’ next annual meeting of stockholders. Until that meeting takes place, the shares are restricted under the terms of the 2026 Equity and Incentive Compensation Plan.

What are the phantom stock units mentioned in Sally J. Smith’s Hormel Foods holdings?

The phantom stock units in Sally J. Smith’s total holdings come from dividend equivalents credited under the Hormel Foods Corporation Nonemployee Director Deferred Stock Subplan. These units mirror the value of common stock and accumulated since her last filing through the reported February 2, 2026 transaction date.

Was cash paid for the 6,541 Hormel Foods shares reported by Sally J. Smith?

No cash payment was reported for these shares. The 6,541 Hormel Foods common shares were granted at a reported price of $0 per share as a restricted stock award to a non-employee director under the company’s 2026 Equity and Incentive Compensation Plan.