M. Losness Larson - 26 Jun 2024 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role: SENIOR VICE PRESIDENT
Signature: /s/ Katherine M. Losness-Larson, By Power of Attorney
Issuer symbol: HRL
Transactions as of: 26 Jun 2024
Net transactions value: +$17,782
Form type: 4
Filing time: 28 Jun 2024, 10:13:14 UTC
Previous filing: 14 Dec 2023
Next filing: 10 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HRL	Common Stock	Options Exercise	$163,556	+6,200	+43%	$26.38	20,726	26 Jun 2024	Direct
transaction	HRL	Common Stock	Tax liability	$170,773	-5,651	-27%	$30.22	15,075	26 Jun 2024	Direct
transaction	HRL	Common Stock	Purchase	$25,000	+830	+5.5%	$30.12	15,905	27 Jun 2024	Direct
holding	HRL	Common Stock						1,303	26 Jun 2024	401(k) Plan
holding	HRL	Common Stock						731	26 Jun 2024	JEPST Plan
holding	HRL	Common Stock						1,600	26 Jun 2024	Spouse IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HRL	Stock Options (Right to Buy)	Options Exercise	$0	-6,200	-100%	$0.000000^*	0	26 Jun 2024	Common Stock	6,200	$26.38	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option vested in four equal annual installments, with the first group vesting on December 2, 2015.