Form 4: Hormel Foods Director Jeffrey M. Ettinger Reports Acquisition of Common Stock

Director Jeffrey M. Ettinger reports acquiring 5,337 shares of Hormel Foods Corp common stock at $29.98 per share on March 21, 2025.

Summary

• On March 21, 2025, Jeffrey M. Ettinger, a director of Hormel Foods Corp, acquired 5,337 shares of common stock at a price of $29.98 per share.
• Following this transaction, Mr. Ettinger directly owns 5,337 shares.
• Mr. Ettinger also indirectly owns a significant number of shares through various trusts and accounts, including 422,106 shares via a Revocable Trust, 360,999 shares via a Spouse's Account, 723,872.851 shares via a Spouse's Revocable Trust, and 2,936 shares each in four separate Child's Trusts.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the transaction is relatively small in the context of the overall market capitalization of Hormel Foods.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. Monitoring these filings can offer insights into management's sentiment and potential future performance.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Hormel Foods, Director, Stock Acquisition, Jeffrey Ettinger, Common Stock, Beneficial Ownership, Form 4