Snee James P

The Hormel relationship also appears to have run its course. His last recorded transaction there was February 3, 2025: two grants totaling 416,568 shares (349,000 of them priced at $29.60, the rest unpriced), following a 12,880-share tax withholding at $29.98 two days earlier. The year before, the same late-January/early-February cycle played out at similar scale — 423,909 shares granted on February 1, 2024, with 13,087 shares withheld at $30.86 the same day. In both years, the withholding covered only about 3% of the total grant, a small fraction relative to what's been withheld at other companies in similar records. Nothing has followed since.

Republic Services runs on an entirely different, much smaller scale. Quarterly grants land on the 15th of January, April, July and October, typically for single-to-low-double-digit share counts — 9, 10, 12, 14, 15, 17 and 25 shares across various dates in 2024, 2025 and 2026. A larger grant arrives near each January 2nd: 1,395 shares in 2024, 1,150 in 2025. And each January since at least 2024, an option exercise has run in two matching tranches — 2,579 and 2,579 shares in 2024, 1,775 and 1,775 in 2025, 1,858 and 1,858 in 2026 — with no tax withholding or sale recorded alongside any of them.