Form 4: Hershey VP Sells Shares for Tax Obligations

Hershey's VP, Chief Accounting Officer, Jennifer McCalman, reported a disposition of 112 common shares to cover tax withholding obligations.

Summary

• Jennifer McCalman, VP, Chief Accounting Officer of The Hershey Co. (HSY), reported a transaction involving company common stock.
• On February 23, 2026, 112 shares of common stock were disposed of by the reporting person.
• The disposition occurred at a price of $226.07 per share.
• This transaction was coded 'F', indicating a disposition to the issuer to satisfy tax withholding obligations related to equity awards.
• Following this reported transaction, Jennifer McCalman beneficially owns 2,882 shares of Hershey common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine disposition of shares to cover tax obligations, which is a common administrative action for equity compensation and does not indicate a change in company performance or insider sentiment.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as dispositions for tax withholding, are common occurrences across all industries for executives receiving equity compensation and typically do not reflect a change in company fundamentals or strategic direction.

Key Dates

Keywords

Hershey, HSY, Insider Transaction, Form 4, Jennifer McCalman, Stock Sale, Tax Withholding, Common Stock