Form 4: Hershey Co. Executive Charles R. Raup Reports Stock Disposal
SEC Form 4 Filing
Charles R. Raup, President of U.S. Confection at Hershey Co., reported the disposal of 402 shares of common stock on March 21, 2024.
Summary
- On March 21, 2024, Charles R. Raup, President of U.S. Confection at Hershey Co., disposed of 402 shares of common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- The shares were disposed of at a price of $199.31 per share.
- Following the transaction, Raup directly owns 26,375 shares of Hershey Co. common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock transaction by a company executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common among executives of publicly traded companies. It provides transparency to investors regarding the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of stock disposal transaction |
| 03/22/2024 | Date of signature on the report |
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