Michele Buck - 30 Jul 2025 Form 4 Insider Report for HERSHEY CO (HSY)

Signature
/s/ Kathleen Purcell, Agent for Michele G. Buck
Issuer symbol
HSY
Transactions as of
30 Jul 2025
Net transactions value
-$1,631,934
Form type
4
Filing time
31 Jul 2025, 16:14:42 UTC
Previous filing
24 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Buck Michele Chairman, President and CEO, Director 19 E. CHOCOLATE AVENUE, HERSHEY /s/ Kathleen Purcell, Agent for Michele G. Buck 31 Jul 2025 0001323734

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $2,110,326 +19,290 +10% $109.40 212,914 30 Jul 2025 Direct
transaction HSY Common Stock Sale $3,742,260 -19,290 -9.1% $194.00 193,624 30 Jul 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -19,290 -100% $0.000000 0 30 Jul 2025 Common Stock 19,290 $109.40 Direct F2
* 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 February 27, 2025 (modified February 28, 2025).
F2 The options vested according to the following schedule: 25% vested on March 1, 2018, 25% vested on March 1, 2019, 25% vested on March 1, 2020 and 25% vested on March 1, 2021.