Policinski Christopher J. 4

What Happened Christopher J. Policinski, a director of Hormel Foods Corporation (HRL), was awarded 6,541 restricted shares on February 2, 2026. The shares were granted as an award (Form 4 code A) at $0.00 cash consideration. The award is subject to a restricted period that expires on the date of the issuer’s next annual meeting of stockholders.

Key Details

• Transaction date: 2026-02-02; Filing date: 2026-02-04 (timely Form 4 filing).
• Shares granted: 6,541 restricted shares; reported acquisition price: $0.00.
• Shares owned after transaction: not disclosed in the filing.
• Footnote F1: Restricted shares awarded under the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan; restrictions expire at next annual meeting.
• Footnote F2: Amount includes phantom stock units received upon conversion of dividend equivalents under the Nonemployee Director Deferred Stock Subplan since the last filing.
• Exhibit: Exhibit 24 — Power of Attorney included with the filing.

Context This grant appears to be routine non-employee director compensation (restricted share award and converted dividend-equivalent phantom units). Restricted-share awards to directors are common and typically vest or lapse after a specified holding period or corporate event; they do not necessarily signal insider buying or selling intent. The filing was made within the usual two-business-day window for Form 4s.