Hershey (NYSE: HSY) executive reports tax-withholding of 132 shares

Rhea-AI Filing Summary

Hershey Co President, Salty Snacks, Vero Villasenor reported a routine tax-related share disposition. On March 19, 2026, 132 shares of Hershey common stock were withheld at $210.58 per share to cover tax obligations. After this tax-withholding disposition, Villasenor directly owned 21,418.428 Hershey shares.

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

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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^*

Villasenor Vero

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Salty Snacks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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	03/19/2026		F		132	D	$210.58	21,418.428	D

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:

	/s/ Shayon T. Smith, Agent for Vero Villasenor	03/23/2026
	** 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 insider transaction did Hershey (HSY) report for Vero Villasenor?

Hershey reported a tax-related share disposition by Vero Villasenor. On March 19, 2026, 132 common shares were withheld at $210.58 each to satisfy tax obligations, leaving Villasenor with 21,418.428 directly owned shares.

Was the Hershey (HSY) insider transaction a market sale of shares?

No, the transaction was not a market sale. It was a Form 4 code F event, meaning 132 shares were withheld by the issuer to pay tax liabilities, rather than sold on the open market.

How many Hershey (HSY) shares does Vero Villasenor hold after this Form 4?

After the tax-withholding disposition, Vero Villasenor directly owns 21,418.428 Hershey common shares. This figure reflects holdings following the 132 shares withheld on March 19, 2026 for tax obligations.

What price per share was used in the Hershey (HSY) tax-withholding transaction?

The tax-withholding disposition used a price of $210.58 per Hershey common share. This price applies to the 132 shares withheld on March 19, 2026 to satisfy Villasenor’s tax liability associated with equity compensation.

What does transaction code F mean in the Hershey (HSY) Form 4 filing?

Transaction code F indicates a tax-withholding disposition. In this Hershey filing, 132 shares were delivered back to the issuer at $210.58 per share to cover Villasenor’s tax obligations, rather than representing a discretionary market trade.