Hormel Foods (NYSE: HRL) grants RSUs and stock options to interim CFO
Rhea-AI Filing Summary
Hormel Foods Corporation reported an equity compensation grant to its interim CFO and Controller. On 12/09/2025, the officer received 12,696 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. The filing also reports a grant of stock options to purchase 34,100 shares of common stock at an exercise price of $23.63 per share, expiring on 12/09/2035, vesting in four equal annual installments starting on December 9, 2026. Following these transactions, the officer beneficially owns 27,815.949 shares directly, plus additional indirect holdings through a 401(k) plan, JEPST plan, and a spouse’s JEPST plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 34,100 | $0.00 | -- |
| Grant/Award | Common Stock | 12,696 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| 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 CORP (HRL) report in this Form 4?
The company reported that its interim CFO and Controller received an equity compensation grant on 12/09/2025, including restricted stock units and stock options in Hormel Foods common stock.
What stock options were granted to the interim CFO of Hormel Foods (HRL)?
The officer was granted stock options on 34,100 shares of common stock with an exercise price of $23.63 per share, expiring on 12/09/2035, under the 2018 Incentive Compensation Plan.
When do the restricted stock units and options for Hormel Foods (HRL) vest?
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.
Under which plan were the Hormel Foods (HRL) equity awards granted to the interim CFO?
Both the restricted stock units and the stock options were granted under the Hormel Foods Corporation 2018 Incentive Compensation Plan.