Form 4: Hormel Foods VP and Controller Reports Routine Stock Disposal for Tax Purposes

Hormel Foods' Vice President and Controller, Paul R. Kuehneman, reported the disposal of 136 shares of common stock on June 7, 2025, at a price of $30.66 per share, primarily for tax withholding purposes.

Summary

• Paul R. Kuehneman, Vice President and Controller of Hormel Foods Corp (HRL), filed a Form 4 with the SEC.
• The filing reports a transaction on June 7, 2025, involving the disposal of 136 shares of Hormel Foods Common Stock.
• The shares were disposed of at a price of $30.66 per share.
• The transaction code 'F' indicates that the disposal was for the payment of tax liability by withholding securities.
• Following this transaction, Mr. Kuehneman directly beneficially owns 15,357.696 shares of Common Stock.
• Additionally, he indirectly beneficially owns 5,252.819 shares through a 401(k) Plan, 2,400.125 shares through a JEPST Plan, and 1,067.709 shares through a Spouse JEPST Plan.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction for tax withholding purposes, which is neutral in sentiment and does not indicate any significant positive or negative developments for the company.

Future Outlook

This Form 4 filing is a disclosure of an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction disclosure (Form 4) and does not provide information relevant to broader industry trends or competitive analysis within the food processing sector. It reflects an individual's stock activity rather than a corporate strategic move.

Key Dates

Keywords

Hormel Foods, HRL, SEC Form 4, Insider Transaction, Stock Disposal, Paul R. Kuehneman, Tax Withholding