Director Jeffrey M. Ettinger filed a Form 4 with the SEC on October 27, 2026, disclosing the disposition of 15,094 shares of Hormel Foods Corp common stock on October 25, 2026, to satisfy a tax withholding obligation on a vesting restricted stock unit award.

Key Highlights

  • Reporting person: Jeffrey M. Ettinger, Director at Hormel Foods Corp /DE/ (NYSE:HRL)
  • Transaction: 15,094 shares of common stock disposed of (transaction code F) on October 25, 2026, at $21.06 per share
  • Purpose: According to the filing, the shares were withheld to satisfy a tax withholding obligation on vesting of a previously reported restricted stock unit award
  • Direct ownership following transaction: 57,230.4614 shares held directly, which includes dividend equivalents reinvested in additional restricted stock units since the date of Ettinger's last filing
  • Indirect holdings: Ettinger also beneficially owns shares through a Revocable Trust (422,106), a Spouse's Revocable Trust (724,037.1309), a Spouse's Account (387.6861), and four Children's Trusts (2,936 each)
  • Filing signed: by Benjamin S. Borden as Attorney-in-Fact on October 27, 2026, pursuant to an Exhibit 24 Power of Attorney

Ettinger's October 2026 RSU Vesting and Tax Withholding at Hormel Foods

According to the Form 4 filed with the SEC, Jeffrey M. Ettinger, a director of Hormel Foods Corp /DE/ (NYSE:HRL), reported a single non-derivative transaction dated October 25, 2026. The transaction code is "F," which corresponds to a disposition of shares to cover a tax withholding obligation upon the vesting of a restricted stock unit award that had been previously reported by Ettinger.

The filing states that 15,094 shares of Hormel Foods common stock were disposed of at a price of $21.06 per share. Following the transaction, Ettinger directly holds 57,230.4614 shares. The filing notes that this total "includes dividend equivalents paid on restricted stock units since the date of the Reporting Person's last filing through the date of the reported transaction that have been reinvested in additional restricted stock units."

In addition to his direct holdings, Ettinger reports beneficial ownership of common stock through several indirect accounts: a Revocable Trust holding 422,106 shares, a Spouse's Revocable Trust holding 724,037.1309 shares, a Spouse's Account holding 387.6861 shares, and four separate Children's Trusts each holding 2,936 shares. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

Hormel Foods director Jeffrey M. Ettinger disclosed the withholding of 15,094 shares of common stock at $21.06 per share on October 25, 2026, to satisfy tax obligations from a vesting RSU award, leaving him with 57,230.4614 shares held directly and additional shares held indirectly through multiple trusts and accounts.