Hershey (NYSE: HSY) exec has 127 shares withheld to cover taxes

Rhea-AI Filing Summary

Hershey Co executive Vero Villasenor reported a tax-related share disposition. On February 23, 2026, Villasenor had 127 shares of Hershey common stock withheld at $226.07 per share to cover tax obligations. After this non‑market transaction, Villasenor directly owned 19,047.428 shares of Hershey common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Villasenor Vero

Role President, Salty Snacks

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	127	$226.07	$29K

Holdings After Transaction: Common Stock — 19,047.428 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Villasenor Vero

(Last) (First) (Middle)

19 E. CHOCOLATE AVENUE

(Street)

HERSHEY PA 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)
	President, Salty Snacks

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/23/2026		F		127	D	$226.07	19,047.428	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	02/25/2026
	** 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.

FAQ

What insider transaction did HSY executive Vero Villasenor report?

Vero Villasenor reported a tax-withholding disposition of 127 Hershey common shares. The shares were withheld at $226.07 each to satisfy tax obligations related to equity compensation, rather than sold in an open-market transaction.

How many HERSHEY CO (HSY) shares were affected in Villasenor’s Form 4?

The Form 4 shows 127 shares of Hershey common stock were disposed of. This occurred through tax withholding at a price of $226.07 per share, reflecting shares delivered to cover tax liabilities on equity awards.

Was the HSY insider transaction by Vero Villasenor an open-market sale?

No, the transaction was a tax-withholding disposition, not an open-market sale. Code F indicates shares were delivered to pay exercise price or tax liability tied to equity compensation, rather than voluntarily sold on the stock market.

What is Vero Villasenor’s remaining HSY share ownership after this transaction?

After the tax-withholding disposition, Vero Villasenor directly owned 19,047.428 Hershey common shares. This figure reflects Villasenor’s direct holdings following the transfer of 127 shares to satisfy associated tax obligations.

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

Transaction code F signifies payment of exercise price or tax liability by delivering securities. For HSY, it indicates 127 shares were withheld from Vero Villasenor’s equity to cover tax obligations, rather than being sold in the open market.