HSY.NYSEHershey CO

4/A: Hershey Co. Director Corrects Share Acquisition Report

Sentiment:

SEC Filing Amendment


James C. Katzman, a director of Hershey Co., amended a previous SEC filing to correct the number of shares acquired on April 1, 2024.

Worse than expectedThe original filing contained an error, which required an amendment.

Summary

  • James C. Katzman, a director at Hershey Co., filed an amendment to a previous Form 4 filing with the SEC.
  • The amendment corrects the number of shares acquired on April 1, 2024, which was initially over-reported.
  • The corrected filing indicates that Katzman acquired 87.097 shares of common stock on April 1, 2024, at $0 per share.
  • The original filing, submitted on April 3, 2024, incorrectly stated the acquisition as 133.065 shares higher than the actual amount.
  • Following the corrected transaction, Katzman beneficially owns 10,899.495 shares of Hershey Co. common stock.

Sentiment

Score: 6

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

Negatives

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

Industry Context

This is a routine regulatory filing related to insider trading. It is common for directors and officers of publicly traded companies to report their transactions in company stock to the SEC.

Key Dates

DateDescription
04/01/2024Date of corrected transaction: James C. Katzman acquired 87.097 shares of Hershey Co. common stock.
04/03/2024Date of original Form 4 filing which contained an error.
06/21/2024Date of amended Form 4/A filing.

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