Jason Reiman - May 10, 2023 Form 4 Insider Report for HERSHEY CO (HSY)

Role: SVP Chief Supply Chain Officer
Signature: /s/ Lauren H. Lacey, Agent for Jason R. Reiman
Stock symbol: HSY
Transactions as of: May 10, 2023
Transactions value $: -$41,024
Form type: 4
Date filed: 5/11/2023, 04:15 PM
Previous filing: Apr 11, 2023
Next filing: Jun 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HSY	Common Stock	Sale	-$41K	-150	-0.94%	$273.49	15.7K	May 10, 2023	Direct

* 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).