Form 4: Hershey Co. Executive Jennifer McCalman Reports Stock Disposals
SEC Form 4 Filing
Jennifer McCalman, VP and Chief Accounting Officer of Hershey Co., reported disposing of common stock to cover tax obligations.
Summary
- On February 21, 2025, Jennifer McCalman disposed of 46 shares of Hershey Co. common stock at a price of $172.86.
- On February 22, 2025, she disposed of 44 shares of common stock at $177.84.
- Following these transactions, McCalman directly owns 4,016 shares of Hershey Co. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes, a routine activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock; these filings provide transparency into insider activity and can be scrutinized by investors for signals about the company's prospects.
Stakeholder Impact
- The disposal of shares by an officer may have a minor impact on shareholders, but is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Disposal of 46 shares of Common Stock at $172.86 |
| 02/22/2025 | Disposal of 44 shares of Common Stock at $177.84 |
| 02/25/2025 | Date of signature for the report |
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