Michele Buck - Jul 30, 2025 Form 4 Insider Report for HERSHEY CO (HSY)

Signature
/s/ Kathleen Purcell, Agent for Michele G. Buck
Stock symbol
HSY
Transactions as of
Jul 30, 2025
Transactions value $
-$1,631,934
Form type
4
Date filed
7/31/2025, 04:14 PM
Previous filing
Jul 24, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Buck Michele Chairman, President and CEO, Director 19 E. CHOCOLATE AVENUE, HERSHEY /s/ Kathleen Purcell, Agent for Michele G. Buck 2025-07-31 0001323734

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $2.11M +19.3K +9.96% $109.40 213K Jul 30, 2025 Direct
transaction HSY Common Stock Sale -$3.74M -19.3K -9.06% $194.00 194K Jul 30, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -19.3K -100% $0.00 0 Jul 30, 2025 Common Stock 19.3K $109.40 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2025 (modified February 28, 2025).
F2 The options vested according to the following schedule: 25% vested on March 1, 2018, 25% vested on March 1, 2019, 25% vested on March 1, 2020 and 25% vested on March 1, 2021.