---
schema_version: "secwatch.filing_event.v1"
accession: "0000048465-26-000006"
form_type: "8-K"
ticker: "HRL"
cik: "0000048465"
company_name: "HORMEL FOODS CORP /DE/"
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:47:48.158837+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hormel Foods shareholders approve 2026 equity plan; board adopts executive severance plan

## Summary
- Stockholders approved 2026 Equity and Incentive Compensation Plan: 18M new shares plus 3.95M carryover from 2018 plan.
- Executive Severance Plan effective Jan 31, 2026: CEO severance factor 2.0, other participants 1.0.
- All 12 director nominees elected with >93% support; Ernst & Young LLP ratified for FY2026.
- Advisory say-on-pay approved with 94.6% of votes cast; 2026 plan approved with 87.2%.
- Named executive officers Ettinger and Ghingo excluded from severance plan due to existing employment agreements.

## SEC filing metadata
- accession: 0000048465-26-000006
- form_type: 8-K
- ticker: HRL
- cik: 0000048465
- company_name: HORMEL FOODS CORP /DE/
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/48465/000004846526000006/0000048465-26-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/48465/000004846526000006/hrl-20260127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000048465-26-000006
- JSON: https://secwatch.observer/filing/0000048465-26-000006.json
- Plain text: https://secwatch.observer/filing/0000048465-26-000006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.