Form 4: Hershey CFO Steven Voskuil Sells 3,000 Shares of Common Stock
SEC Form 4
Steven Voskuil, SVP and CFO of Hershey Co, sold 3,000 shares of common stock on February 25, 2025, at a price of $180 per share.
Summary
- Steven E. Voskuil, the SVP and Chief Financial Officer of Hershey Co, sold 3,000 shares of common stock on February 25, 2025.
- The sale was executed at a price of $180 per share.
- Following the transaction, Voskuil directly owns 66,893 shares of Hershey Co stock.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on May 17, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine stock sale under a pre-arranged trading plan and doesn't necessarily indicate a positive or negative outlook on the company.
Industry Context
Executive stock sales are a common occurrence and can be for various personal financial planning reasons. It's important to consider the context of the sale, such as the use of a pre-arranged trading plan, to understand its potential implications.
Key Dates
| Date | Description |
|---|---|
| 2024-05-17 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-02-25 | Date of stock sale transaction |
| 2025-02-26 | Date of signature on the Form 4 filing |
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