Form 4: Hormel Foods Corp Executive Katherine M. Losness-Larson Reports Stock Transactions

Senior Vice President of Hormel Foods Corp, Katherine M. Losness-Larson, reports a series of stock transactions including acquisitions and holdings through various plans.

Summary

• Katherine M. Losness-Larson, a Senior Vice President at Hormel Foods Corp, has reported several stock transactions.
• On December 7, 2024, she acquired 317 shares of common stock at a price of $32.47 per share, totaling $15,723.03.
• She also holds 1,326.94 shares in a 401(k) plan, 744.603 shares in a JEPST plan, and 1,600 shares in a Spouse IRA.
• The transactions were reported on December 10, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to executive stock transactions, which is common for publicly traded companies.

Comparison to Industry Standards

• Executive stock transactions are a standard practice in publicly traded companies like Hormel Foods Corp.
• These filings are required by regulatory bodies to ensure transparency and prevent insider trading.
• Similar filings are regularly made by executives at comparable companies such as Tyson Foods and Kraft Heinz.

Stakeholder Impact

• The stock transactions may have a minor impact on shareholders, reflecting executive confidence in the company.

Key Dates

Keywords

Hormel Foods Corp, stock transactions, executive, Katherine M. Losness-Larson, common stock, 401(k) plan, JEPST plan, Spouse IRA