ETTINGER JEFFREY M 4/A
4/A · HORMEL FOODS CORP /DE/ · Filed Sep 11, 2025
Insider Transaction Report
Form 4/AAmended
ETTINGER JEFFREY M
DirectorInterim CEO
Transactions
- Award
Stock Options (Right to Buy)
2025-08-05+750,000→ 750,000 totalExercise: $28.30Exp: 2035-08-05→ Common Stock (750,000 underlying)
Footnotes (4)
- [F1]This Form 4/A is filed to correct the description of the stock option grant made to the Reporting Person on August 5, 2025 (the "August Stock Option Grant") and reported on a Form 4 filed August 7, 2025 (the "Original Form 4").
- [F2]The Original Form 4 reported in Table Two, Columns Five and Seven, that the August Stock Option Grant represented a right to purchase up to 1,058,800 shares of Issuer Common Stock. As reflected on this Form 4/A, the number of shares of Issuer Common Stock subject to the August Stock Option Grant was automatically capped at 750,000 shares by operation of an annual individual participation limit in the Hormel Foods Corporation 2018 Incentive Compensation Plan.
- [F3]The difference in value between the August Stock Option Grant reported on the Original Form 4 and this Form 4/A is expected to be granted to the Reporting Person as a stock option grant in early calendar year 2026.
- [F4]As reported on the Original Form 4, the option vests in two equal installments, with the first group vesting on October 25, 2026, and the second group vesting on April 25, 2027.