Form 4: Hershey Co Director Mary Diane Koken Reports Stock Acquisition and Disposal
SEC Form 4 Filing
Director Mary Diane Koken reports acquiring and disposing of Hershey Co stock on April 1, 2024, according to a Form 4 filing.
Summary
- On April 1, 2024, Mary Diane Koken, a director of Hershey Co, reported a transaction involving the company's common stock.
- Koken acquired 220.162 shares of common stock.
- Koken also disposed of 9,058.669 shares.
- Following these transactions, Koken directly owns 9,058.669 shares of Hershey Co.
- 57.907 shares were acquired on March 15, 2024, through a dividend reinvestment feature of the Directors' Compensation Plan.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
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.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | 57.907 shares acquired through dividend reinvestment. |
| 04/01/2024 | Date of stock acquisition and disposal. |
| 04/03/2024 | Date of signature on the report. |
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