Hormel Foods (NYSE: HRL) director gifts 10,810 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hormel Foods director Steven Andrew White reported gifting 10,810 shares of common stock. He made two bona fide gifts of 5,405 shares each on March 18, 2026, one from his direct holdings and one from shares held through his spouse's irrevocable trust.
After these transfers, White held 39,527.751 shares directly and 52,532 shares indirectly via the spouse's irrevocable trust. These are non-cash, non-market transactions and do not reflect open-market buying or selling of Hormel Foods stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,810 shares gifted
Mixed
2 txns
Insider
White Steven Andrew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,405 | $0.00 | -- |
| Gift | Common Stock | 5,405 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 39,527.751 shares (Direct);
Common Stock — 52,532 shares (Indirect, Spouse's Irrevocable Trust)
Footnotes (1)
FAQ
What insider transaction did Hormel Foods (HRL) director Steven Andrew White report?
Steven Andrew White reported two bona fide gifts of Hormel Foods common stock. He transferred 5,405 shares from his direct holdings and 5,405 shares from an indirect holding, classified as non-cash gifts rather than open-market sales or purchases.
What are Steven Andrew White’s Hormel Foods (HRL) holdings after the reported gifts?
After the gifts, Steven Andrew White held 39,527.751 Hormel Foods shares directly. He also had 52,532 shares reported as indirectly owned through a spouse's irrevocable trust, reflecting his remaining reported equity exposure following the transfers.
Were Steven Andrew White’s Hormel Foods (HRL) transactions open-market sales?
No, the transactions were reported with code G as bona fide gifts. This means they were non-cash transfers, not open-market sales, and the reported price per share was zero, indicating no sale proceeds were received for these transfers.
How is the spouse's irrevocable trust involved in the Hormel Foods (HRL) Form 4?
One 5,405-share gift came from an indirect holding labeled as a spouse's irrevocable trust. This indicates some of White's reported Hormel Foods ownership is held through that trust, and the Form 4 records a gift disposition from that indirect position.