James P. Snee - 01 Feb 2025 Form 4 Insider Report for HORMEL FOODS CORP /DE/ (HRL)

Role
PRESIDENT AND CEO, Director
Signature
/s/ James P. Snee, by Power of Attorney
Issuer symbol
HRL
Transactions as of
01 Feb 2025
Net transactions value
-$386,142
Form type
4
Filing time
04 Feb 2025, 15:32:13 UTC
Previous filing
03 Feb 2025
Next filing
17 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HRL Common Stock Tax liability $386,142 -12,880 -4% $29.98 310,356 01 Feb 2025 Direct
transaction HRL Common Stock Award $0 +67,568 +22% $0.000000 377,924 03 Feb 2025 Direct
holding HRL Common Stock 42,350 01 Feb 2025 401(k) Plan
holding HRL Common Stock 16,588 01 Feb 2025 JEPST Plan

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) Award $0 +349,000 $0.000000 349,000 03 Feb 2025 Common Stock 349,000 $29.60 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests in four equal annual installments, with the first group vesting on February 3, 2026.