Form 4: Hershey Director Curoe Boosts Stock Holdings

Hershey Co. Director Timothy William Curoe reported the acquisition of 246.697 shares of common stock on January 1, 2026, increasing his direct beneficial ownership to 1,252.203 shares.

Summary

• Timothy William Curoe, a Director of The Hershey Co. (HSY), reported changes in his beneficial ownership of common stock.
• On January 1, 2026, Mr. Curoe acquired 246.697 shares of Hershey common stock.
• The acquisition price for these shares was $0, indicating a grant or award rather than a market purchase.
• Following this transaction, Mr. Curoe directly beneficially owns 1,252.203 shares of Hershey common stock.
• This total includes 5.574 shares acquired on December 15, 2025, through a dividend reinvestment feature of the Company's Directors' Compensation Plan, which is similar to the broad-based dividend reinvestment plan available to all stockholders.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even if a grant, generally indicates a positive alignment of interests and confidence in the company, though the transaction size is relatively small.

Positives

• A Director acquiring additional shares can signal confidence in the company's future prospects.
• The acquisition of shares, even at a $0 price (likely a grant), increases the director's alignment with shareholder interests.

Future Outlook

N/A. This filing is a factual report of an insider transaction and does not contain forward-looking statements or guidance.

Industry Context

N/A. This Form 4 reports a routine insider transaction and does not provide broader industry context.

Related Party Transactions

• The filing mentions 5.574 shares acquired through 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 may view the director's increased ownership as a positive signal of management's commitment and belief in the company's value.

Key Dates

Keywords

Hershey Co., HSY, Timothy William Curoe, Director, Insider Transaction, Form 4, Stock Acquisition, Beneficial Ownership, Corporate Governance