Pamela M. Arway - Oct 9, 2023 Form 4 Insider Report for HERSHEY CO (HSY)

Role
Director
Signature
/s/ Kathleen S. Purcell, Agent for Pamela M. Arway
Stock symbol
HSY
Transactions as of
Oct 9, 2023
Transactions value $
-$35,410
Form type
4
Date filed
10/10/2023, 04:10 PM
Previous filing
Oct 3, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Sale -$35.4K -182 -1.16% $194.56 15.6K Oct 9, 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 November 15, 2022.