Form 4: Hershey Co. CEO Michele Buck Reports Stock Disposal to Cover Tax Obligations
SEC Filing
Michele Buck, Chairman, President, and CEO of Hershey Co., disposed of 2,182 shares of common stock on March 21, 2025, to cover tax obligations.
Summary
- On March 21, 2025, Michele Buck, the Chairman, President, and CEO of Hershey Co. [HSY], disposed of 2,182 shares of common stock.
- The transaction was executed at a price of $167.18 per share.
- Following the transaction, Ms. Buck directly owns 193,624 shares of Hershey Co. common stock.
- The transaction was reported on a Form 4 filing with the SEC on March 24, 2025.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like CEOs and directors, trade their company's stock; this provides transparency to the market.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a common practice for executives to sell shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of stock disposal transaction |
| 03/24/2025 | Date of Form 4 filing |
Keywords
Form 4, Hershey Co, Michele Buck, Stock Disposal, Insider Trading, SEC Filing
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