secwatch.observer — SEC 8-K summary
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Issuer:     HORMEL FOODS CORP /DE/ (HRL)
CIK:        0000048465
Form:       8-K/A
Filed at:   2025-10-31T23:59:59+00:00
Accession:  0000048465-25-000049
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Hormel Foods details interim CFO Kuehneman's comp: $500K salary, $300K STI target, $550K LTI
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- Annual base salary of $500,000 effective October 27, 2025.
- Short-term incentive target of $300,000 for fiscal 2026.
- Operators' shares grant of 70,000 for fiscal 2026.
- Long-term incentive target of $550,000 for fiscal 2026, comprising $125K cash, $125K stock options, $300K RSUs.
- Standard executive benefits and indemnification agreements apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48465/000004846525000049/0000048465-25-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48465/000004846525000049/hrl-20251023.htm
  HTML page:      https://secwatch.observer/filing/0000048465-25-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer