Form 4: Hormel Foods Corp Executive Kuehneman Reports Stock Transactions

Hormel Foods Corp's Vice President and Controller, Paul R. Kuehneman, reports multiple stock transactions including acquisitions and holdings through various plans.

Summary

• Paul R. Kuehneman, Vice President and Controller at Hormel Foods Corp, has reported several stock transactions.
• On December 7, 2024, Kuehneman acquired 344 shares of common stock at a price of $32.47 per share, totaling $8,212.001.
• Kuehneman also holds 5,151.534 shares in a 401(k) plan, 2,353.749 shares in a JEPST plan, and 1,015.223 shares in a spouse's JEPST plan.
• The transactions were reported on December 10, 2024, via a power of attorney.

Sentiment

Score: 5

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

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.
• The reporting of these transactions is mandated by regulatory bodies to ensure transparency and prevent insider trading.
• Similar filings are regularly made by executives at comparable companies in the food and consumer goods sector.

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, Paul R. Kuehneman, common stock, 401(k) plan, JEPST plan