HORMEL FOODS CORP: CFO Bhumbla Ash received 62,468 shares

What happened Bhumbla Ash, executive vice president and chief financial officer, received 62,468 restricted stock units (RSUs) on Oct 13, 2026, at an acquisition price of $0.00 for a total value of $0, according to the Form 4.

Key details

• Transaction date and price: Oct 13, 2026; 62,468 RSUs @ $0.00 (Acquired) = $0.
• Shares owned after the transaction: not reported in this filing.
• Footnote: Award of restricted stock units pursuant to the Hormel Foods Corporation 2026 Equity and Incentive Compensation Plan. Award vests in 3 tranches: 50% on the 1st anniversary of the grant date, 25% on the 2nd anniversary, and 25% on the 3rd anniversary.
• Filing date and timeliness: Form filed Oct 15, 2026; the filing does not indicate that it was late.

Why it may matter

• The filing shows an award of restricted stock units, not a market purchase or sale.
• The award vests over time per the footnote schedule and may be subject to forfeiture or retention conditions until vesting. A filing does not show why the insider traded or why the company acted.