Form 4: Hershey Co Director Juan R. Perez Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Juan R. Perez reports acquisition and disposal of Hershey Co stock on October 1, 2024.
Summary
- On October 1, 2024, Juan R. Perez, a director of Hershey Co, reported a transaction involving the company's common stock.
- Perez acquired 221.481 shares and disposed of 5,795.808 shares.
- Following the reported transactions, Perez beneficially owns 5,795.808 shares of Hershey Co.
- The reported amount includes 5.302 shares acquired on September 16, 2024, through a dividend reinvestment feature of the Company's Directors' Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The director's participation in the dividend reinvestment plan shows confidence in the company's future.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| September 16, 2024 | Acquisition of 5.302 shares through dividend reinvestment plan |
| October 01, 2024 | Date of stock acquisition and disposal |
| October 02, 2024 | Date of report signature |
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