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

Signature
/s/ Kathleen Purcell, Agent for Michele G. Buck
Stock symbol
HSY
Transactions as of
May 30, 2025
Transactions value $
-$2,197,496
Form type
4
Date filed
6/3/2025, 04:14 PM
Previous filing
Mar 24, 2025
Next filing
Jul 3, 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 2025-06-03 0001323734

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSY Common Stock Options Exercise $1.41M +15.6K +8.06% $90.39 209K May 30, 2025 Direct
transaction HSY Common Stock Sale -$2.51M -15.6K -7.46% $160.80 194K May 30, 2025 Direct F1
transaction HSY Common Stock Options Exercise $1.41M +15.6K +8.06% $90.39 209K May 30, 2025 Direct
transaction HSY Common Stock Sale -$2.51M -15.6K -7.46% $160.80 194K May 30, 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 -15.6K -50% $0.00 15.6K May 30, 2025 Common Stock 15.6K $90.39 Direct F2
transaction HSY Non-qualified Stock Option (Right to Buy) Options Exercise $0 -15.6K -100% $0.00 0 May 30, 2025 Common Stock 15.6K $90.39 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 25, 2025.
F2 The options vested according to the following schedule: 25% vested on February 16, 2017, 25% vested on February 16, 2018, 25% vested on February 16, 2019 and 25% vested on February 16, 2020.