Hershey (HSY) U.S. Confection president reports tax-withholding of 3,318 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hershey CO executive reports tax-related share disposition. President, U.S. Confection Matthew Andrew Archambault had 3,318 shares of Hershey common stock disposed of at $210.58 per share to satisfy tax obligations. After this tax-withholding transaction, he directly owns 48,132 shares of Hershey common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Archambault Matthew Andrew
Role
President, U.S. Confection
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,318 | $210.58 | $699K |
Holdings After Transaction:
Common Stock — 48,132 shares (Direct)
Footnotes (1)
FAQ
What did Hershey (HSY) executive Matthew Archambault report in this Form 4?
He reported a tax-withholding disposition of 3,318 shares of Hershey common stock. The shares were used to cover tax liabilities, not as an open-market trade, and were priced at $210.58 per share in this administrative transaction.
Does this Hershey (HSY) Form 4 show an open-market sale by the executive?
No, the Form 4 shows a tax-withholding disposition, coded “F.” This indicates shares were delivered to satisfy tax liabilities, rather than an elective open-market sale or purchase by the Hershey executive.
What is transaction code “F” in the Hershey (HSY) Form 4 filing?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 3,318 Hershey shares were disposed of to cover tax obligations, rather than through a discretionary market trade.