Form 4: Hershey Co. SVP, CFO Steven E. Voskuil Reports Stock Disposals
SEC Filing (Form 4)
Steven E. Voskuil, SVP and CFO of Hershey Co., reported the disposal of common stock to cover tax obligations.
Summary
- Steven E. Voskuil, the SVP and Chief Financial Officer of Hershey Co. (HSY), filed a Form 4 with the SEC.
- The form details the disposal of common stock on February 21, 2025, and February 22, 2025.
- On February 21, 2025, 410 shares were disposed of at a price of $172.86.
- On February 22, 2025, 446 shares were disposed of at a price of $177.84.
- Following these transactions, Voskuil directly owns 69,893 shares of Hershey Co. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals, likely for tax purposes, which is a routine activity.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposal by a high-ranking executive could be perceived negatively by some shareholders, although it is likely a routine transaction for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Disposal of 410 shares of common stock at $172.86 per share. |
| 02/22/2025 | Disposal of 446 shares of common stock at $177.84 per share. |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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.