Form 4: Hershey Co. Executive Deepak Bhatia Reports Stock Disposal
SEC Form 4 Filing
Deepak Bhatia, SVP and Chief Technology Officer of Hershey Co., reported the disposal of 268 shares of common stock on March 21, 2025, to cover tax obligations.
Summary
- Deepak Bhatia, a Senior Vice President and Chief Technology Officer at Hershey Co., filed a Form 4 with the SEC.
- The filing reports a transaction that occurred on March 21, 2025.
- Bhatia disposed of 268 shares of Hershey Co. common stock.
- The shares were disposed of at a price of $167.18 per share.
- Following the transaction, Bhatia beneficially owns 47,671 shares of Hershey Co. common stock directly.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing reporting a stock disposal, which is neutral in sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small disposal of shares by an executive.
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, Stock Disposal, Deepak Bhatia, Insider Trading, SEC Filing
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