HSY Form 3: Natalie Schechtman Files Initial Ownership Statement With No Shares

Rhea-AI Filing Summary

Natalie Schechtman, identified as Senior Vice President and Chief Human Resources Officer of The Hershey Company (HSY), filed an initial Form 3 reporting her beneficial ownership position in the issuer's equity. The filing discloses zero shares of common stock and no derivative securities, indicating no current direct or indirect equity stake reported on this form.

Insights

Corporate Governance Expert

TL;DR: Initial Form 3 filed by an executive reporting no ownership in company common stock or derivatives.

This is a routine disclosure required for officers under Section 16. Reporting an initial ownership position of zero common shares and no derivatives means the officer currently does not hold equity subject to Section 16 reporting in the issuer. From a governance perspective, absence of reported holdings limits potential insider-alignment signals and removes the need to track short-swing profit calculations until an ownership position is acquired.

Securities Compliance Analyst

TL;DR: Form 3 correctly notifies the market of an officer's initial status; no material financial impact indicated.

The filing satisfies disclosure obligations for new reporting persons. With no shares or derivatives reported, there are no immediate Section 16 trading restrictions to monitor beyond standard rules. This filing itself is procedural and does not present material financial information for investors.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Schechtman Natalie

(Last) (First) (Middle)

19 E. CHOCOLATE AVENUE

(Street)

HERSHEY PA 17033

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/18/2025

3. Issuer Name and Ticker or Trading Symbol
HERSHEY CO [ HSY ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and CHRO

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	0	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Shayon T. Smith, Agent for Natalie Schechtman	08/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Natalie Schechtman report on her Form 3 for HSY?

The Form 3 reports that Natalie Schechtman, SVP and CHRO of Hershey (HSY), currently beneficially owns zero shares of common stock and has no derivative securities reported.

Does this Form 3 indicate any stock options or warrants for HSY?

No. Table II in the filing shows no derivative securities (such as options, warrants, convertible securities) reported by the reporting person.

Does the Form 3 filing create any immediate investor material impact for HSY?

No. The filing is procedural and reports no ownership, so it does not contain material financial developments affecting valuation or operations.

Why are Form 3 filings made for company officers like HSY's CHRO?

Form 3 is the required initial disclosure under Section 16 for officers, directors, and large shareholders to state their beneficial ownership position when they become reporting persons.

Will future trades by Natalie Schechtman be disclosed?

Yes. Any future acquisitions or dispositions of HSY securities by the reporting person must be reported on subsequent Section 16 forms (Forms 4 or 5) as required.