Hershey Co SEC Filings

Hershey (HSY) stockholder Steve Voskuil has filed a Form 144 to sell 1,500 shares of common stock through Fidelity Brokerage Services on the NYSE, with an indicated aggregate market value of $269,340.00. These shares were acquired on 02/21/2024 via restricted stock vesting from the issuer as compensation.

Over the prior three months, the same seller reported three separate sales of 1,500 HSY common shares each, on 08/18/2025, 09/18/2025, and 10/20/2025, for gross proceeds of $267,795.00, $283,680.00, and $281,280.00, respectively. The issuer had 148,171,608 common shares outstanding at the time referenced.

Capital International Investors filed an amended Schedule 13G reporting a passive stake in Hershey Co. (HSY) as of 09/30/2025. The filer is the beneficial owner of 9,050,100 shares, representing 6.1% of Hershey’s 148,110,715 shares believed outstanding.

The filing lists 8,992,963 shares with sole voting power and 9,050,100 shares with sole dispositive power. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. This amendment is identified as No. 3.

Hershey Co (HSY) executive Deepak Bhatia filed a Form 4 reporting a transaction in company stock. On 11/10/2025, a code F transaction in 6,275 shares of common stock was reported at a price of $168.91 per share. Following the transaction, Bhatia beneficially owned 41,396 shares, held directly.

Bhatia is the company’s SVP, Chief Technology Officer. The filing reflects changes in personal holdings and does not describe company operations or performance.

The Hershey Company (HSY) director Cordel Robbin‑Coker filed a Form 4 reporting open‑market sales of common stock. On 11/03/2025, the reporting person sold 189 shares at $168.22 and a separate 114 shares at $168.22. Following these transactions, beneficial ownership was 1,398.67 shares and then 1,284.67 shares, held directly. The filing notes the sales were made under a Rule 10b5‑1 trading plan adopted on August 1, 2025.

HSY: A holder filed a Form 144 notice to sell up to 303 shares of common stock through Fidelity Brokerage Services LLC. The filing lists an aggregate market value of $50,970.66 and an approximate sale date of November 3, 2025 on the NYSE.

The shares were acquired via restricted stock vesting in two tranches: 189 shares on July 1, 2025 and 114 shares on October 1, 2025, both recorded as compensation. This filing is a notice of proposed sales and does not itself execute any transaction.

The Hershey Company reported third-quarter results with higher sales but lower profitability. Net sales were $3,181,418, up from $2,987,494 a year ago. Cost of sales rose to $2,144,084 from $1,754,775, reducing gross profit to $1,037,334 from $1,232,719. Operating profit fell to $434,583 from $613,164. Net income was $276,320 versus $446,301 last year; diluted EPS for common stock was $1.36 compared to $2.20.

Year-to-date, net sales reached $8,601,555 and net income was $563,242. Net cash provided by operating activities was $1,350,814. Cash and cash equivalents were $1,163,017 and total long-term debt (including current portion) carried at $5,179,420. In Q1 2025, Hershey issued four note tranches totaling $1,984,545 in net proceeds and repaid $300,000 of 0.900% Notes and $300,000 of 3.200% Notes upon maturity. On October 21, 2025, the company entered a new unsecured revolving credit facility of $1.875 billion. The company completed the Sour Strips acquisition in 2024 and signed an agreement to acquire LesserEvil, LLC, expected to close by the end of 2025, subject to customary conditions.

The Hershey Company furnished an update on sales and earnings for the third quarter ended September 28, 2025. The information was provided via a press release attached as Exhibit 99.1.

The Item 2.02 materials are furnished, not filed, which means they are not subject to Section 18 of the Exchange Act and are not incorporated by reference into other filings unless specifically stated.

The Hershey Company entered a new unsecured five-year revolving credit facility allowing borrowings up to $1.875 billion, with an option to increase commitments by up to $1.0 billion with lender consent. Funds may be used for general corporate and other purposes, and advances may be repaid at any time without penalty. The agreement includes an interest coverage covenant requiring the ratio of pre‑tax income from continuing operations to consolidated interest expense to be at least 2.0 to 1.0 each quarter. The company may extend the termination date for up to two additional one‑year periods.

Hershey terminated its prior five‑year facility from April 26, 2023, which provided up to $1.35 billion with a $500 million accordion. The new facility is administered by Bank of America, N.A., with a customary lender syndicate and standard representations, covenants, and events of default.

The Hershey Company (HSY) disclosed an insider transaction. SVP, Chief Financial Officer Steven E. Voskuil sold 1,500 shares of common stock on 10/20/2025 at $187.52 per share, coded as an open-market sale (S).

The filing notes the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on May 20, 2025. Following the transaction, Voskuil beneficially owns 56,819 shares directly.