{"schema_version":"secwatch.filing_event.v1","accession":"0000048465-25-000053","form_type":"8-K","ticker":"HRL","cik":"0000048465","company_name":"HORMEL FOODS CORP /DE/","filed_at":"2025-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.833272+00:00","generated_at":"2026-05-17T00:45:27.646792+00:00","sec_items":["2.05","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Hormel Foods to cut ~250 corporate/sales roles, expects $20-25M restructuring charges","bullets":["Plan eliminates about 250 corporate and sales roles; most departures by Dec 31, 2025.","Restructuring charges of $20-$25M, mainly for pension, severance, stock comp, benefits.","Most charges in Q4 FY2025 and Q1 FY2026; cash outlay of $8M-$10M over next 12 months.","Includes voluntary early retirement, closing open roles, and involuntary reductions.","Company cites need to align resources with strategic priorities and improve efficiency."],"urls":{"canonical":"https://secwatch.observer/filing/0000048465-25-000053","json":"https://secwatch.observer/filing/0000048465-25-000053.json","markdown":"https://secwatch.observer/filing/0000048465-25-000053.md","text":"https://secwatch.observer/filing/0000048465-25-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/48465/000004846525000053/0000048465-25-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/48465/000004846525000053/hrl-20251104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:45:27.646792+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a438b07848f199e2d8071fce6984fa4af84a60be","claim":"HORMEL FOODS CORP /DE/ announced a restructuring with charges of $20 million to $25 million (approximately 250 corporate and sales roles).","evidence_excerpt":"most of the related employee departures to occur by December 31, 2025. In connection with this restructuring, the Company expects to incur restructuring charges in the range of $20 million to $25 million. Substantially all the charges are expected to be related to one-time pension benefits, cash severance payments, stock compensation expenses, and employee benefit","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/48465/000004846525000053/0000048465-25-000053-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"$20 million to $25 million"},{"label":"Headcount","value":"approximately 250 corporate and sales roles"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}