Form 4: Hershey Co. Executive James Turoff Reports Stock Disposal
SEC Form 4 Filing
James Turoff, SVP, GC & Secretary of Hershey Co., reports disposing of 236 shares of common stock to cover tax obligations.
Summary
- On March 21, 2024, James Turoff, the SVP, GC & Secretary of The Hershey Company, disposed of 236 shares of common stock.
- The transaction was executed at a price of $199.31 per share.
- Following the transaction, Turoff directly owns 12,820 shares of Hershey Co. common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. It is common for executives to sell shares to cover tax obligations related to stock awards or option exercises.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of stock disposal transaction |
| 03/22/2024 | Date of signature for the report |
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