Hershey (NYSE: HSY) CTO receives stock grant and withholds shares for taxes

Rhea-AI Filing Summary

Hershey Co senior executive reports stock grant and tax-related share disposition. SVP and Chief Technology Officer Deepak Bhatia received a grant or award of 10,319 shares of Hershey common stock on February 25, 2026 at a stated price of $0.0000 per share. On the same date, 1,269 shares were disposed of at $229.64 per share to cover tax liabilities by delivering shares. After these transactions, Bhatia directly owned 50,153 shares of Hershey common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bhatia Deepak

Role SVP, Chief Technology Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,319	$0.00	--
Tax Withholding	Common Stock	1,269	$229.64	$291K

Holdings After Transaction: Common Stock — 51,422 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^*

Bhatia Deepak

(Last) (First) (Middle)

19 E. CHOCOLATE AVE.

(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 Technology Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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	02/25/2026		A		10,319	A	$0	51,422	D
Common Stock	02/25/2026		F		1,269	D	$229.64	50,153	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 Deepak Bhatia	02/27/2026
	** 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 transactions did HSY executive Deepak Bhatia report?

Deepak Bhatia reported a stock award and a tax-related share disposition. He received 10,319 Hershey common shares as a grant and had 1,269 shares withheld or delivered to satisfy tax obligations, both dated February 25, 2026.

How many Hershey (HSY) shares does Deepak Bhatia own after this Form 4?

After the reported transactions, Deepak Bhatia directly owns 50,153 shares of Hershey common stock. This reflects the 10,319-share grant and the 1,269 shares disposed of to cover tax liabilities related to equity compensation.

Was the HSY insider transaction a purchase or a grant of shares?

The primary transaction was a grant or award of 10,319 Hershey common shares, not an open-market purchase. The Form 4 labels it as a grant, award, or other acquisition coded as transaction type A for equity compensation.

Why were some HSY shares disposed of in Deepak Bhatia’s Form 4?

The 1,269 Hershey shares were disposed of to pay tax liabilities by delivering securities. The filing uses transaction code F, indicating shares were withheld or delivered to satisfy taxes tied to an equity award.

What price is shown for the tax-related HSY share disposition?

The Form 4 reports the tax-related disposition of 1,269 Hershey shares at a price of $229.64 per share. This price applies specifically to the shares used to cover tax obligations associated with the reported equity award.