STOCK TITAN

Hershey (NYSE: HSY) CFO disposes shares to cover tax liability

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hershey Co senior vice president and chief financial officer Steven E. Voskuil reported a tax-related share disposition. On February 23, 2026, 626 shares of Hershey common stock at $226.07 per share were withheld to cover tax obligations. After this transaction, he directly owned 50,193 common shares.

Positive

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Negative

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Insider Voskuil Steven E
Role SVP, Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock 626 $226.07 $142K
Holdings After Transaction: Common Stock — 50,193 shares (Direct)
Footnotes (1)
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*
Voskuil Steven E

(Last) (First) (Middle)
19 EAST 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)
SVP, Chief Financial Officer
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 626 D $226.07 50,193 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/ Kathleen S. Purcell, Agent for Steven E. Voskuil 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 did Hershey (HSY) CFO Steven Voskuil report in this Form 4?

Hershey CFO Steven E. Voskuil reported a tax-related share disposition. On February 23, 2026, 626 shares of Hershey common stock were withheld at $226.07 per share to satisfy tax obligations, leaving him with direct ownership of 50,193 shares after the transaction.

How many Hershey (HSY) shares were disposed of for taxes by the CFO?

A total of 626 Hershey common shares were disposed of to cover taxes. The transaction used a price of $226.07 per share and was coded as a tax-withholding disposition, rather than an open-market sale, according to the Form 4 disclosure for Steven E. Voskuil.

What is Steven Voskuil’s Hershey (HSY) share ownership after this Form 4?

After the tax-withholding transaction, Steven E. Voskuil directly owned 50,193 Hershey common shares. This figure reflects his holdings following the disposition of 626 shares on February 23, 2026, as reported in the Form 4 insider trading disclosure filed for Hershey Co.

Was the Hershey (HSY) CFO’s Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 classifies it under code F as a tax-withholding disposition, meaning 626 shares of Hershey common stock were delivered to satisfy tax liabilities rather than being sold on the open market.

What transaction code was used in the Hershey (HSY) CFO Form 4?

The Form 4 uses transaction code F for Steven E. Voskuil’s activity. Code F indicates payment of an exercise price or tax liability by delivering securities, here involving 626 Hershey common shares at $226.07 per share in a tax-withholding disposition.

What role does Steven Voskuil hold at Hershey (HSY) in this Form 4?

Steven E. Voskuil is identified as senior vice president and chief financial officer of Hershey Co. The Form 4 records his direct ownership and a tax-withholding disposition of 626 common shares, leaving him with 50,193 directly held shares after the transaction.