Does the Hershey (HSY) Form 4 show any insider share sales by Deirdre Mahlan?

The Form 4 data shows only an acquisition transaction for Deirdre Mahlan, classified as a grant or award of common stock. There are no transactions coded as sales or dispositions in the reported activity, and the transaction summary reflects one acquisition and no sales.

Hershey (NYSE: HSY) director granted additional common shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Hershey director Deirdre Mahlan reported a stock award. She received 221.795 shares of Hershey common stock as a grant with a stated price of $0.0000 per share, bringing her directly owned holdings to 1,102.731 shares.

The total includes 5.773 shares acquired on March 16, 2026 through a dividend reinvestment feature of the company’s Directors' Compensation Plan, which operates similarly to Hershey’s broad-based dividend reinvestment plan for stockholders.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mahlan Deirdre

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	221.795	$0.00	--

Holdings After Transaction: Common Stock — 1,102.731 shares (Direct)

Footnotes (1)

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Key Figures

Shares granted: 221.795 shares Grant price: $0.0000 per share Total direct holdings: 1,102.731 shares +1 more

4 metrics

Shares granted 221.795 shares Common Stock award on April 1, 2026

Grant price $0.0000 per share Reported transaction price for stock award

Total direct holdings 1,102.731 shares Common Stock owned directly after transaction

Dividend reinvestment shares 5.773 shares Acquired March 16, 2026 via Directors' Compensation Plan

Key Terms

Common Stock, dividend reinvestment, Directors' Compensation Plan

3 terms

Common Stock financial

"The Form 4 shows a grant of 221.795 shares of Common Stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

dividend reinvestment financial

"Includes 5.773 shares acquired pursuant to a dividend reinvestment feature."

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

Directors' Compensation Plan financial

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

Form 4 Insider Transactions: What Each Field Means →

04/03/2026 - 04:29 PM

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)
04/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		A		221.795	A	$0	1,102.731	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The total amount of securities reported as directly owned in Column 5 includes 5.773 shares acquired on March 16, 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	04/03/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Hershey (HSY) director Deirdre Mahlan report?

Director Deirdre Mahlan reported receiving a stock award of Hershey common shares. The Form 4 shows a grant of 221.795 shares at a stated price of $0.0000 per share, increasing her directly owned Hershey stock position under the company’s reporting framework.

How many Hershey (HSY) shares does Deirdre Mahlan own after this Form 4?

After the reported grant, Deirdre Mahlan directly owns 1,102.731 Hershey common shares. This total includes earlier shares plus the 221.795-share award disclosed, as well as a small amount acquired through the dividend reinvestment feature of the Directors' Compensation Plan.

What type of Form 4 transaction is shown for Hershey (HSY) director Deirdre Mahlan?

The Form 4 records an acquisition coded “A,” described as a grant, award, or other acquisition of non-derivative common stock. It represents a compensation-related share award, not an open-market purchase or sale, with 221.795 shares added to her direct holdings at a reported price of $0.0000.

How does the dividend reinvestment feature affect Deirdre Mahlan’s Hershey (HSY) holdings?

A footnote states her directly owned total includes 5.773 shares acquired on March 16, 2026 via a dividend reinvestment feature of the Directors' Compensation Plan. This feature functions similarly to Hershey’s broad-based dividend reinvestment plan that is generally available to company stockholders.