Form 4: Hershey Director Boosts Stake with Share Grant

Hershey Co. Director Marie Quintero-Johnson reported the acquisition of 225.07 shares of common stock, increasing her direct beneficial ownership.

Summary

• Director Marie Quintero-Johnson acquired 225.07 shares of Hershey Co. common stock on October 1, 2025.
• The acquisition price was $0, indicating a grant or award rather than an open-market purchase.
• Following this transaction, Ms. Quintero-Johnson directly beneficially owns 623.922 shares of Hershey Co.
• This total includes 2.923 shares acquired on September 15, 2025, through a dividend reinvestment feature of the Company's Directors' Compensation Plan.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even if a grant, generally indicates alignment of interests with shareholders. The dividend reinvestment also shows ongoing participation. It's not a strong positive as it's not an open market purchase, but it's not negative.

Positives

• Director Marie Quintero-Johnson increased her direct beneficial ownership in Hershey Co. by 225.07 shares, aligning her interests further with shareholders.
• The acquisition of shares through a dividend reinvestment plan demonstrates ongoing participation in the company's equity.

Negatives

• The shares were acquired at a price of $0, indicating a grant rather than an open-market purchase, which might be viewed differently than an insider buying shares with their own capital.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4.

Industry Context

This is a routine insider transaction filing and does not provide information to analyze broader industry trends or competitors.

Related Party Transactions

• Acquisition of 225.07 shares of common stock at $0, likely as part of director compensation.
• Acquisition of 2.923 shares via 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

• Shareholders: Increased alignment of a director's interests with shareholders due to increased equity ownership.

Key Dates

Keywords

Hershey Co., HSY, Insider Transaction, Form 4, Director Stock Ownership, Equity Grant, Dividend Reinvestment