Hormel Foods (NYSE: HRL) awards RSUs and stock options to vice president
Rhea-AI Filing Summary
Hormel Foods Corporation reported an insider equity award for a group vice president. On December 9, 2025, the officer received 7,618 shares of common stock as a restricted stock unit award under the Hormel Foods Corporation 2018 Incentive Compensation Plan, with the award vesting three years after the grant date.
On the same date, the officer was also granted stock options on 49,000 shares of common stock at an exercise price of $23.63 per share, expiring on December 9, 2035. These options vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026. Following these transactions, the officer beneficially owned 52,596.381 shares directly, plus additional shares through a 401(k) plan and a JEPST plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 49,000 | $0.00 | -- |
| Grant/Award | Common Stock | 7,618 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Award of restricted stock units pursuant to the Hormel Foods Corporation 2018 Incentive Compensation Plan. Award vests three years after the grant date. Award of stock options pursuant to the Hormel Foods Corporation 2018 Incentive Compensation Plan. Award vests in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026.
FAQ
What insider transaction did Hormel Foods (HRL) report in this Form 4?
The company reported that a group vice president received 7,618 shares of common stock as a restricted stock unit award and stock options on 49,000 shares of common stock on December 9, 2025.
What is the vesting schedule for the new equity awards at Hormel Foods (HRL)?
The restricted stock units vest three years after the grant date. The stock options vest in four equal annual installments after the grant date, with the first installment vesting on December 9, 2026.
What is the exercise price and expiration date of the Hormel Foods (HRL) stock options?
The officer received stock options with an exercise price of $23.63 per share, expiring on December 9, 2035.
Under which plan were the Hormel Foods (HRL) equity awards granted?
Both the restricted stock units and the stock options were granted under the Hormel Foods Corporation 2018 Incentive Compensation Plan.
What is the reporting person’s role at Hormel Foods (HRL)?
The reporting person is an officer of Hormel Foods Corporation, serving as Group Vice President.