Form 4: Hershey Co. Executive Steven E. Voskuil Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Steven E. Voskuil, SVP and CFO of Hershey Co., reports transactions involving common stock, including the acquisition of shares through option exercise and disposition for tax purposes.
Summary
- On February 19, 2025, Steven E. Voskuil, the SVP and Chief Financial Officer of Hershey Co., engaged in transactions involving the company's common stock.
- Voskuil acquired 42,860 shares of common stock through the exercise of derivative securities (likely stock options) at a price of $0.
- Following this acquisition, Voskuil disposed of 2,339 shares to cover tax obligations at a price of $163.9 per share.
- After these transactions, Voskuil directly owns 70,749 shares of Hershey Co. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock options or restricted stock as part of their compensation. These transactions are closely watched by investors for insights into management's view of the company's prospects.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of earliest transaction: Acquisition of 42,860 shares via option exercise and disposition of 2,339 shares for tax obligations. |
| 02/21/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Steven E. Voskuil, Hershey Co., HSY, Stock Options, Common Stock, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.