James P. Snee - Feb 1, 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
Stock symbol
HRL
Transactions as of
Feb 1, 2025
Transactions value $
-$386,142
Form type
4
Date filed
2/4/2025, 03:32 PM
Previous filing
Feb 3, 2025
Next filing
Apr 17, 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 -$386K -12.9K -3.98% $29.98 310K Feb 1, 2025 Direct
transaction HRL Common Stock Award $0 +67.6K +21.77% $0.00 378K Feb 3, 2025 Direct
holding HRL Common Stock 42.3K Feb 1, 2025 401(k) Plan
holding HRL Common Stock 16.6K Feb 1, 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 +349K $0.00 349K Feb 3, 2025 Common Stock 349K $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.