Jennifer McCalman - Feb 2, 2024 Form 4 Insider Report for HERSHEY CO (HSY)

Signature
/s/ Lauren H. Lacey, Agent for Jennifer McCalman
Stock symbol
HSY
Transactions as of
Feb 2, 2024
Transactions value $
-$89,939
Form type
4
Date filed
2/5/2024, 04:17 PM
Previous filing
Apr 18, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Sale -$89.9K -453 -19.57% $198.54 1.86K Feb 2, 2024 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 3, 2023.