Form 4: Hershey Director Acquires Shares

Hershey Co. Director Cordel Robbin-Coker reported the acquisition of 246.697 common shares and a total beneficial ownership of 1,538.51 shares.

Summary

• Cordel Robbin-Coker, a Director of The Hershey Co. (HSY), reported changes in beneficial ownership.
• On January 1, 2026, 246.697 shares of common stock were acquired at a price of $0.
• Following this transaction, the reporting person directly owns 1,538.51 shares of common stock.
• The total amount of securities beneficially owned includes 7.143 shares acquired on December 15, 2025, through a dividend reinvestment feature of the Company's Directors' Compensation Plan.

Sentiment

Score: 5

Explanation: The filing is a routine Form 4 reporting an insider transaction, which is generally neutral in sentiment. The acquisition of shares by a director can be seen as a minor positive for alignment, but it is not a significant market-moving event.

Positives

• A director's acquisition of shares, even at $0 (likely a grant or vesting), can signal alignment with shareholder interests.

Negatives

• No explicit negatives identified in this routine Form 4 filing.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports a routine insider transaction for a director of The Hershey Co. and does not provide broader industry context or trends. Such transactions are common for executives and directors as part of their compensation or investment strategies.

Comparison to Industry Standards

• Not applicable. This filing details an individual director's stock transaction, not company performance or project results that can be compared to industry benchmarks or specific comparable companies.

Related Party Transactions

• The acquisition of 7.143 shares on December 15, 2025, occurred pursuant to a dividend reinvestment feature of the Company's Directors' Compensation Plan, which is substantially similar to the broad-based dividend reinvestment plan available to all stockholders.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors from this routine insider transaction. It primarily affects the beneficial ownership of the reporting director.

Key Dates

Keywords

Hershey Co, HSY, Form 4, Insider Trading, Beneficial Ownership, Director Stock Acquisition, Cordel Robbin-Coker, Equity Compensation