Form 4: Hershey Co. Executive Christopher M. Scalia Reports Stock Disposal
SEC Form 4 Filing
SVP, CHR & Transf. Officer Christopher M. Scalia reported disposing of 409 shares of Hershey Co. common stock on March 21, 2025, to cover tax obligations.
Summary
- On March 21, 2025, Christopher M. Scalia, SVP, CHR & Transf. Officer of Hershey Co., disposed of 409 shares of common stock.
- The transaction was executed at a price of $167.18 per share.
- Following the transaction, Scalia directly owns 35,410 shares of Hershey Co. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of an insider transaction. The disposal of shares is likely related to tax obligations.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among corporate executives. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/21/2025 | Date of stock disposal transaction |
| 03/24/2025 | Date of signature on the report |
Keywords
Form 4, Hershey Co, HSY, Christopher M. Scalia, Stock Disposal, Insider Trading, Beneficial Ownership
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