Hershey (HSY) director Deirdre Mahlan receives 251-share stock grant, now holds 1,363 shares

Rhea-AI Filing Summary

Hershey Co director Deirdre Mahlan reported receiving 251.861 shares of common stock as a grant or award, with no cash price per share. After this acquisition, she directly owns 1,363.434 shares, including 8.842 shares acquired on June 15, 2026 through a dividend reinvestment feature.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mahlan Deirdre

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	251.861	$0.00	--

Holdings After Transaction: Common Stock — 1,363.434 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Stock grant to director: 251.861 shares Grant price per share: $0.00 per share Shares owned after transaction: 1,363.434 shares +1 more

4 metrics

Stock grant to director 251.861 shares Common Stock grant/award on July 1, 2026

Grant price per share $0.00 per share Reported transaction price for awarded shares

Shares owned after transaction 1,363.434 shares Total directly owned common stock following grant

Dividend reinvestment shares 8.842 shares Acquired June 15, 2026 via dividend reinvestment feature

Key Terms

Directors' Compensation Plan, dividend reinvestment feature, Form 4

3 terms

Directors' Compensation Plan financial

"pursuant to a dividend reinvestment feature of the Company's Directors' Compensation Plan"

dividend reinvestment feature financial

"pursuant to a dividend reinvestment feature of the Company's Directors' Compensation Plan"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 04:11 PM Accepted by SEC EDGAR 07/06/2026 - 04:11 PM Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mahlan Deirdre

(Last) (First) (Middle)

19 E. CHOCOLATE AVENUE

(Street)

HERSHEY PENNSYLVANIA 17033

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2026		A		251.861	A	$0	1,363.434	D(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The total amount of securities reported as directly owned in Column 5 includes 8.842 shares acquired on June 15, 2026, pursuant to a dividend reinvestment feature of the Company's Directors' Compensation Plan, the provisions of which are substantially similar to the dividend reinvestment features of the broad-based dividend reinvestment plan available generally to Company stockholders.

	/s/ Kathleen S. Purcell, Agent for Deirdre Mahlan	07/06/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Hershey (HSY) director Deirdre Mahlan report in this Form 4?

Deirdre Mahlan reported receiving 251.861 shares of Hershey common stock as a grant or award. This was a compensation-related acquisition at a reported price of $0.00 per share, increasing her directly held stake disclosed in the filing.

How many Hershey (HSY) shares does Deirdre Mahlan hold after the reported transaction?

After the transaction, Deirdre Mahlan directly holds 1,363.434 shares of Hershey common stock. This total includes shares received from the reported grant, along with other directly owned shares disclosed as part of her director compensation arrangements.

Was cash paid for the Hershey (HSY) shares granted to Deirdre Mahlan?

No cash was paid for these shares; the transaction shows a price of $0.00 per share. The 251.861 shares were received as a grant or award, indicating a compensation-related issuance rather than an open-market purchase.

What is the role of dividend reinvestment in Deirdre Mahlan’s Hershey (HSY) holdings?

The filing notes that 8.842 of Mahlan’s directly owned shares were acquired on June 15, 2026 through a dividend reinvestment feature. This feature is part of the company’s Directors’ Compensation Plan, similar to the dividend reinvestment plan offered to general stockholders.

Does this Hershey (HSY) Form 4 show any stock sales by Deirdre Mahlan?

The Form 4 does not report any stock sales by Deirdre Mahlan. It only reports an acquisition of 251.861 shares as a grant or award and updates her total directly held common stock position after that compensation-related transaction.