[144] The Hershey Company SEC Filing
Rhea-AI Filing Summary
The Hershey Company (HSY) filed a Form 144 reporting proposed insider sales of common stock. The filing shows an intended sale of 1,500 shares through Fidelity Brokerage Services on the NYSE with an aggregate market value of $267,795 and an approximate sale date of 08/18/2025. The securities were acquired through restricted stock vesting in two tranches: 500 shares on 02/21/2024 and 1,000 shares on 02/19/2025, each recorded as compensation. The filing also discloses a sale during the past three months: 5,000 shares sold on 07/21/2025 by Steve E. Voskuil for gross proceeds of $900,000. The filer certifies they are not aware of undisclosed material adverse information and includes the standard Rule 10b5-1 and criminal-misstatement warnings.
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Insights
TL;DR: Routine insider sale disclosure: 1,500 shares planned sale and a recent 5,000-share sale were reported, both from vested restricted stock.
The Form 144 indicates the planned sale of 1,500 common shares valued at $267,795 and shows prior disposal of 5,000 shares for $900,000. Acquisitions were via restricted stock vesting (02/21/2024 and 02/19/2025) recorded as compensation. From a financial perspective, this is a compliance filing that documents insider liquidity events rather than operational results. There is no additional financial data or forward-looking information in the notice to assess broader company impact.
TL;DR: Disclosure aligns with Rule 144 requirements; it documents vested compensation and recent insider sales but contains no governance changes.
The notice provides required details: broker, planned sale date, share counts, acquisition dates and nature (restricted stock vesting), and the recent sale by Steve E. Voskuil. The signer affirms absence of undisclosed material adverse information and references Rule 10b5-1 where applicable. There are no indications of leadership changes, plan adoptions, or material governance events in this filing.