[144] The Hershey Company SEC Filing

Rhea-AI Filing Summary

The filing is a Form 144 notice from The Hershey Company (HSY) disclosing a proposed insider sale. Rohit Grover intends to sell 1,333 common shares through Fidelity Brokerage Services on or about July 1, 2025 on the NYSE. The stake represents roughly 0.0009 % of the company’s 147.99 million shares outstanding and is valued at approximately $233,275 based on the issuer’s reported market value. The shares were originally acquired via restricted-stock vesting between 2020-2023. A prior sale of the same amount occurred on June 9, 2025, generating $219,945 in gross proceeds.

No other material financial information, earnings data, or strategic developments are included; the notice is strictly procedural, indicating that the filer certifies no undisclosed adverse information and, if applicable, any Rule 10b5-1 plan adoption date.

Positive

• None.

Negative

• Insider selling: Executive Rohit Grover plans to divest 1,333 shares; although quantitatively small, insider sales can be read as a mildly adverse sentiment signal.

Insights

Securities Analyst

TL;DR Small insider sale (0.0009 % float) by HSY executive; routine, non-material, neutral for valuation.

The proposed disposition of 1,333 shares, worth roughly $0.23 million, is immaterial relative to Hershey’s ~$40 billion market capitalization. Such transactions are common for executives receiving equity compensation and do not, in isolation, signal operational weakness or changing fundamentals. Lack of additional sales aggregation or pattern suggests a routine monetization rather than broad insider exodus. Consequently, the event is unlikely to affect liquidity, earnings outlook, or valuation multiples. Investors should monitor future filings to assess whether this becomes part of a larger selling trend, but on its own the filing warrants neutral weighting in investment decisions.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	1333	233275.00	147990276	07/01/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/22/2020	Restricted Stock Vesting	Issuer			34	02/22/2020	Compensation
Common	02/25/2020	Restricted Stock Vesting	Issuer			544	02/25/2020	Compensation
Common	02/21/2023	Restricted Stock Vesting	Issuer			755	02/21/2023	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Rohit Grover 19 East Chocolate Avenue Hershey PA 17033	Common	06/09/2025	1333	219945.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many HSY shares are being sold under this Form 144?

The notice covers 1,333 common shares of The Hershey Company.

What is the value of the proposed HSY insider sale?

The aggregate market value is estimated at $233,275.

When is the approximate sale date for the HSY shares?

The filing lists an approximate sale date of July 1, 2025.

What percentage of Hershey’s shares outstanding does 1,333 shares represent?

About 0.0009 % of the 147,990,276 shares outstanding.

How were the shares originally acquired by the insider?

All shares came from restricted-stock vesting grants in 2020 and 2023.