Did the Hershey (HSY) insider transactions change net share ownership materially?

Net, Jason Reiman’s ownership increased because 7,811 shares were granted while 777 shares were disposed of for taxes. His directly owned Hershey share balance moved to 48,070 shares after these compensation-related transactions on February 25, 2026.

Hershey (HSY) SVP receives 7,811-share award, disposes 777 for taxes

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Hershey Co senior executive equity transactions

Hershey Co SVP and Chief Supply Chain Officer Jason Reiman received a grant or award of 7,811 shares of common stock on February 25, 2026, at a stated price of $0 per share. On the same date, 777 shares were disposed of to cover tax obligations at $229.64 per share, leaving him with 48,070 directly owned shares afterward.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Reiman Jason

Role SVP Chief Supply Chain Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,811	$0.00	--
Tax Withholding	Common Stock	777	$229.64	$178K

Holdings After Transaction: Common Stock — 48,847 shares (Direct)

Footnotes (1)

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/27/2026 - 04:31 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^*

Reiman Jason

(Last)

(First)

(Middle)

19 E. CHOCOLATE AVENUE

(Street)

HERSHEY

17033

(City)

(State)

(Zip)

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)
	SVP Chief Supply Chain Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. 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 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	02/25/2026		A		7,811	A	$0	48,847	D
Common Stock	02/25/2026		F		777	D	$229.64	48,070	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)
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:

	/s/ Kathleen S. Purcell, Agent for Jason R. Reiman	02/27/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Hershey (HSY) report for Jason Reiman?

Hershey reported that SVP Chief Supply Chain Officer Jason Reiman received a grant or award of 7,811 common shares and disposed of 777 shares to satisfy tax obligations. After these transactions, he directly owned 48,070 Hershey common shares.

Was the Hershey (HSY) insider transaction an open-market buy or sell?

The filing shows a grant or award of 7,811 shares and a tax-withholding disposition of 777 shares at $229.64 each. These are equity compensation and tax-settlement events, not open-market purchases or sales by the executive.

How many Hershey (HSY) shares does Jason Reiman own after the Form 4?

After the reported grant and tax-withholding disposition, Jason Reiman directly owns 48,070 shares of Hershey common stock. This figure reflects his holdings following both the award of 7,811 shares and the disposition of 777 shares for tax purposes.

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

Transaction code A in the Hershey Form 4 indicates a grant, award, or other acquisition. In this case, Jason Reiman received 7,811 shares of Hershey common stock as an equity award, recorded at a transaction price of $0.00 per share.

What does transaction code F indicate in the Hershey (HSY) insider filing?

Transaction code F indicates shares used to pay an exercise price or tax liability. Hershey’s filing shows 777 shares disposed of at $229.64 each for tax withholding, associated with Jason Reiman’s equity award, rather than a discretionary market sale.