Steven E. Voskuil - 23 Aug 2023 Form 4 Insider Report for HERSHEY CO (HSY)

Signature
/s/ Lauren H. Lacey, Agent for Steven E. Voskuil
Issuer symbol
HSY
Transactions as of
23 Aug 2023
Net transactions value
-$321,540
Form type
4
Filing time
24 Aug 2023, 16:10:20 UTC
Previous filing
12 Jun 2023
Next filing
26 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Sale $321,540 -1,500 -3.9% $214.36 37,316 23 Aug 2023 Direct F1
* 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 May 23, 2023.