Schoneman Debbra L. 4

What Happened Debbra L. Schoneman, a director of Hormel Foods Corporation (HRL), received an award of 6,541 restricted common shares on February 2, 2026. The Form 4 reports the acquisition price as $0.00 (total reported value $0), reflecting a grant of restricted stock rather than an open-market purchase or sale. The award was made under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan and is subject to a restriction period that expires at the issuer's next annual meeting of stockholders.

Key Details

• Transaction date: 2026-02-02; Filing date (Form 4): 2026-02-04 (appears timely).
• Transaction type/code: A — Award/Grant (restricted shares).
• Shares granted: 6,541; reported acquisition price: $0.00 (total $0).
• Shares owned after transaction: Not stated in this filing.
• Footnote: F1 — Restricted shares awarded to a non-employee director under the 2026 Equity and Incentive Compensation Plan; restricted period ends at the next annual meeting.
• Remarks: Exhibit 24 — Power of Attorney included.

Context This is a standard director compensation grant (restricted stock) and not an open-market purchase or sale; such awards are common for non-employee directors and are typically tied to service/retention. Restricted shares do not necessarily signal the director’s personal buying or selling intent until any restrictions lapse or shares are disposed.