HSY.NYSEHershey CO

Form 4: Hershey Co Director Anthony J. Palmer Reports Transaction

Sentiment:

SEC Form 4 Filing


Director Anthony J. Palmer reports a transaction involving Hershey Co common stock on July 1, 2024.

Summary

  • On July 1, 2024, Anthony J. Palmer, a director of Hershey Co, reported a transaction involving the company's common stock.
  • Palmer acquired 231.582 shares of common stock.
  • Palmer disposed of 16,530.901 shares of common stock.
  • Following the reported transaction, Palmer directly owns 16,530.901 shares of Hershey Co.
  • The total amount of securities reported as directly owned includes 39.786 shares acquired on June 15, 2024, pursuant to a dividend reinvestment feature of the Company's Directors' Compensation Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It allows investors to monitor the buying and selling activity of directors and officers, which can provide insights into their perspectives on the company's prospects.

Stakeholder Impact

  • The transaction may be of interest to shareholders as it provides insight into the actions of a company director.

Key Dates

DateDescription
06/15/202439.786 shares acquired pursuant to a dividend reinvestment feature of the Company's Directors' Compensation Plan
07/01/2024Date of transaction: acquisition of 231.582 shares and disposition of 16,530.901 shares of common stock
07/02/2024Date of signature for the Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.