Jennifer McCalman - 04 Nov 2024 Form 4 Insider Report for HERSHEY CO (HSY)

Signature
/s/ Kathleen S. Purcell, Agent for Jennifer McCalman
Issuer symbol
HSY
Transactions as of
04 Nov 2024
Net transactions value
-$49,840
Form type
4
Filing time
05 Nov 2024, 16:25:15 UTC
Previous filing
13 Aug 2024
Next filing
04 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Sale $49,840 -278 -8.6% $179.28 2,960 04 Nov 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 May 13, 2024.