4/A: Hershey Co. Director Amends Form 4 Filing to Correctly Report Share Acquisition

Pamela M. Arway, a director of Hershey Co., filed an amendment to her Form 4 to correct the number of shares acquired and beneficially owned on April 1, 2024.

Summary

• Pamela M. Arway, a director at Hershey Co. [HSY], filed an amended Form 4 with the SEC on June 17, 2024.
• The amendment corrects an error in the original Form 4 filed on April 3, 2024, which overstated the number of shares acquired and beneficially owned on April 1, 2024.
• The corrected filing shows that Arway acquired 87.097 shares of common stock on April 1, 2024, at $0 per share.
• Following the transaction, Arway beneficially owns 15,888.268 shares of Hershey Co. common stock.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing. While the initial error is a slight negative, the prompt correction is a positive. Overall, the sentiment is neutral to slightly positive.

Negatives

• The original Form 4 filing on April 3, 2024, contained an error, over-reporting the number of shares acquired.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as directors and officers. Amendments are sometimes necessary to correct errors in the original filings.

Key Dates