Form 4: Hormel Foods VP Swen Neufeldt Sells Shares for Tax
Insider Transaction Report
Hormel Foods Group Vice President Swen Neufeldt reported the disposition of 1,091 common shares for tax liability at $24.34 per share.
Summary
- Swen Neufeldt, Group Vice President of Hormel Foods Corp, reported a transaction involving the company's common stock.
- On December 6, 2025, Neufeldt disposed of 1,091 shares of common stock.
- The disposition was for tax liability, indicated by Transaction Code 'F', at a price of $24.34 per share.
- Following this transaction, Neufeldt directly owns 44,978.381 shares.
- Additionally, Neufeldt indirectly owns 1,781.008 shares through a JEPST Plan and 5.154 shares through a 401(k) Plan.
- The reported beneficial ownership includes dividend equivalents paid on restricted stock units that have been reinvested in additional restricted stock units since the last filing.
Sentiment
Score: 5
Explanation: A routine insider transaction (disposition for tax liability) with no direct positive or negative implications for the company's operational or financial performance.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This is a routine insider transaction filing and does not provide information relevant to broader industry trends or competitors.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Swen Neufeldt granted Power of Attorney to several individuals (Jacinth C. Smiley, Colleen R. Batcheler, Paul R. Kuehneman, Florence Makope, Benjamin S. Borden, Susan C. McRaith, and Kelli M. Hill) to execute and file SEC reports on his behalf. | 07/30/2025 | Streamlines the process for filing required SEC documents for the reporting person, ensuring timely compliance with reporting obligations. |
Stakeholder Impact
- Shareholders: Provides transparency on insider stock ownership changes, which is a routine disclosure required by regulatory bodies.
Key Dates
| Date | Description |
|---|---|
| 07/30/2025 | Date Swen Neufeldt granted Power of Attorney to several individuals for SEC filings. |
| 12/06/2025 | Date of common stock disposition for tax liability. |
| 12/09/2025 | Date the Form 4 was signed by attorney-in-fact. |
Keywords
Hormel Foods, HRL, Swen Neufeldt, Insider Transaction, Form 4, Stock Sale, Officer, Group Vice President
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