Steven E. Voskuil - Dec 26, 2023 Form 4 Insider Report for HERSHEY CO (HSY)

Role
SVP, Chief Financial Officer
Signature
/s/ Lauren H. Lacey, Agent for Steven E. Voskuil
Stock symbol
HSY
Transactions as of
Dec 26, 2023
Transactions value $
-$273,105
Form type
4
Date filed
12/27/2023, 04:32 PM
Previous filing
Nov 28, 2023
Next filing
Jan 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Sale -$273K -1.5K -4.57% $182.07 31.3K Dec 26, 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.