Hershey (NYSE: HSY) director receives 251.861-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hershey Co director Christopher W. Brandt received a grant of 251.861 shares of Common Stock as a stock award. The award was recorded at a price of $0.00 per share, reflecting compensation rather than a market purchase. Following this transaction, he directly owns a total of 1,232.324 Hershey shares. This total includes 7.167 shares acquired on June 15, 2026 through a dividend reinvestment feature under the company’s Directors' Compensation Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brandt Christopher W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 251.861 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,232.324 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 251.861 shares
Grant price: $0.00 per share
Total shares after grant: 1,232.324 shares
+1 more
4 metrics
Shares granted
251.861 shares
Equity grant to director on July 1, 2026
Grant price
$0.00 per share
Recorded value of stock award
Total shares after grant
1,232.324 shares
Director’s direct holdings following transaction
Dividend reinvestment shares
7.167 shares
Acquired June 15, 2026 via dividend reinvestment feature
Key Terms
dividend reinvestment, Directors' Compensation Plan, dividend reinvestment plan, grant/award acquisition
4 terms
dividend reinvestment financial
"shares acquired on June 15, 2026, 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"
dividend reinvestment plan financial
"dividend reinvestment features of the broad-based dividend reinvestment plan available generally"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
FAQ
What did Hershey (HSY) director Christopher W. Brandt report in this Form 4?
Christopher W. Brandt reported receiving 251.861 Hershey Common Stock shares as a grant or award. The shares were recorded at $0.00 per share, indicating equity compensation rather than an open-market purchase, and increased his directly held stake in the company.
Was the Hershey (HSY) Form 4 transaction a market purchase or a compensation grant?
The Form 4 shows a compensation grant, not a market trade. The transaction is coded as an award acquisition with a price of $0.00 per share, indicating shares were granted to the director as part of his compensation rather than bought on the open market.
What does the dividend reinvestment feature mentioned in Hershey (HSY) director’s filing mean?
The filing notes that 7.167 shares were acquired via a dividend reinvestment feature linked to the Directors' Compensation Plan. This feature automatically uses cash dividends to buy additional shares, similar to the company’s broad-based dividend reinvestment plan for stockholders.
Does the Hershey (HSY) Form 4 indicate any stock sales by Christopher W. Brandt?
The Form 4 does not show any stock sales by Christopher W. Brandt. It reports only an acquisition of 251.861 Common Stock shares as a grant or award, along with updated direct ownership totals that include prior dividend reinvestment activity.