{"schema_version":"secwatch.filing_event.v1","accession":"0000048465-26-000010","form_type":"8-K/A","ticker":"HRL","cik":"0000048465","company_name":"HORMEL FOODS CORP /DE/","filed_at":"2026-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.421986+00:00","generated_at":"2026-05-16T02:51:39.694728+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Hormel Foods finalizes separation with former CFO Smiley; total cash payout ~$2.775M","bullets":["Smiley's last day as EVP/CFO was Nov 30, 2025; separation agreement dated Feb 11, 2026.","Three cash payments: $941,667 within ~10 business days after release, $916,667 ~Jan 15, 2027, $916,666 ~Jan 14, 2028.","Smiley retains eligibility for 2023 Cash LTIP award payout per original terms.","Unvested RSUs and stock options forfeited; vested options remain exercisable.","36-month non-solicitation, confidentiality, and non-disparagement covenants apply."],"urls":{"canonical":"https://secwatch.observer/filing/0000048465-26-000010","json":"https://secwatch.observer/filing/0000048465-26-000010.json","markdown":"https://secwatch.observer/filing/0000048465-26-000010.md","text":"https://secwatch.observer/filing/0000048465-26-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/48465/000004846526000010/0000048465-26-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/48465/000004846526000010/hrl-20251023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:51:39.694728+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}