Form 4: Hormel Foods Executive VP & CFO Sells Shares

Hormel Foods Executive Vice President and CFO, Jacinth C. Smiley, sold 4,390 shares of common stock on December 7, 2024.

Summary

• Jacinth C. Smiley, Executive Vice President and CFO of Hormel Foods, sold 4,390 shares of the company's common stock.
• The transaction occurred on December 7, 2024.
• The sale price was $32.47 per share.
• The total value of the shares sold was $142,537.30.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by an executive, which is a routine event and does not indicate positive or negative sentiment.

Industry Context

This is a routine disclosure of an insider stock sale, which is common for executives of publicly traded companies. It does not necessarily indicate a change in the company's outlook or performance.

Comparison to Industry Standards

• Executive stock sales are a normal part of compensation and portfolio management for executives in publicly traded companies.
• The sale by Jacinth C. Smiley is similar to transactions by executives at comparable companies such as Tyson Foods (TSN) and Conagra Brands (CAG), where executives regularly buy and sell shares of their company's stock.

Stakeholder Impact

• The sale of shares by an executive may be of interest to shareholders, but it is not expected to have a significant impact on the company's operations or stock price.

Key Dates

Keywords

Hormel Foods, Executive VP, CFO, stock sale, insider trading, share transaction