Hershey director gets small stock grant

Hershey director Christopher W. Brandt reported receiving a small stock award.

Rhea-AI Filing Summary

Hershey director Christopher W. Brandt reported receiving a small stock award. On March 16, 2026, he acquired 59.629 shares of Hershey common stock at a reported price of $220.11 per share as a grant or award, a form of equity compensation rather than an open-market purchase. After this award, Brandt directly holds 675.018 shares of Hershey common stock.

Insights

Equity compensation analyst

Director received a routine, modest stock award as equity compensation.

Director Christopher W. Brandt acquired 59.629 shares of Hershey common stock at a stated value of $220.11 per share through a grant or award. This aligns with standard board compensation practices rather than signaling discretionary buying.

The award increases his direct holdings to 675.018 shares, which is relatively small in scale and appears routine. There are no related derivative positions or same-day sales disclosed here, so the filing mainly documents ongoing equity-based compensation.

Insider Trade Summary

Grant/Award: 59.629 shares

Grant/Award 1 txn

Insider Brandt Christopher W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	59.629	$220.11	$13K

Holdings After Transaction: Common Stock — 675.018 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Hershey (HSY) director Christopher Brandt report?

Director Christopher W. Brandt reported receiving a grant of 59.629 shares of Hershey common stock. The Form 4 shows this as an equity award, not an open-market purchase, reflecting routine board compensation rather than a discretionary stock buy.

Was the Hershey (HSY) Form 4 filing a stock purchase or a stock grant?

The Form 4 reflects a stock grant/award, not an open-market purchase. Code A and the description "Grant, award, or other acquisition" indicate compensation shares issued to director Christopher Brandt rather than shares bought on the public market.

How many Hershey (HSY) shares did Christopher Brandt acquire in this Form 4?

Christopher Brandt acquired 59.629 shares of Hershey common stock. These shares were received as a grant or award at a reported value of $220.11 per share, modestly increasing his direct ownership stake disclosed in the filing.

What is Christopher Brandt’s Hershey (HSY) shareholding after the reported grant?

Following the reported equity award, Christopher Brandt directly holds 675.018 shares of Hershey common stock. This total reflects his position after adding the 59.629 granted shares, providing context for the overall scale of his disclosed ownership.

Does the Hershey (HSY) Form 4 show any stock sales or disposals by Christopher Brandt?

The Form 4 does not report any sales or disposals by Christopher Brandt. It records only one transaction coded as a grant or award, meaning shares were added to his holdings with no corresponding sale or tax-withholding disposition in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/18/2026 - 04:31 PM Learn about SEC filing dates

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^*

Brandt Christopher W

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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	03/16/2026		A		59.629	A	$220.11	675.018	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 Christopher W. Brandt	03/18/2026
	** 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)