Form 4: Hershey CFO Steven Voskuil Sells 1,500 Shares of Common Stock
SEC Form 4 Filing
Hershey's SVP and CFO, Steven Voskuil, sold 1,500 shares of common stock at a price of $204.54 per share on May 23, 2024, according to a Form 4 filing with the SEC.
Summary
- Steven E. Voskuil, the SVP and Chief Financial Officer of Hershey Co [HSY], reported a transaction involving the sale of company stock.
- On May 23, 2024, Voskuil sold 1,500 shares of Common Stock at a price of $204.54 per share.
- Following the transaction, Voskuil directly owns 37,228 shares of Hershey Co.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 23, 2023.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider transaction. It doesn't inherently convey positive or negative sentiment, as it's simply a factual disclosure.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. The sale by the CFO is a routine transaction executed under a pre-arranged trading plan.
Stakeholder Impact
- The transaction may have a minor impact on shareholders, depending on their perception of insider selling activity.
Key Dates
| Date | Description |
|---|---|
| 05/23/2023 | Date of adoption of Rule 10b5-1 trading plan |
| 05/23/2024 | Date of stock sale transaction |
| 05/24/2024 | Date of Form 4 filing |
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