Hershey (NYSE: HSY) executive disposes shares in tax-withholding move

Rhea-AI Filing Summary

Hershey Co senior executive Jason Reiman reported a tax-related share disposition. On February 23, 2026, he disposed of 496 shares of Hershey common stock at $226.07 per share in a transaction classified as a tax-withholding disposition. Following this transaction, he directly owned 43,036 common shares of Hershey.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Reiman Jason

Role SVP Chief Supply Chain Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	496	$226.07	$112K

Holdings After Transaction: Common Stock — 43,036 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^*

Reiman Jason

(Last) (First) (Middle)

19 E. 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 Supply Chain 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		496	D	$226.07	43,036	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 Jason R. Reiman	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 insider transaction did Hershey (HSY) executive Jason Reiman report?

Hershey executive Jason Reiman reported disposing of 496 shares of common stock. The transaction occurred on February 23, 2026 at a price of $226.07 per share and was classified as a tax-withholding disposition related to payment of an exercise price or tax liability.

How many Hershey (HSY) shares does Jason Reiman hold after this Form 4?

After the reported transaction, Jason Reiman directly holds 43,036 Hershey common shares. This figure reflects his ownership following the tax-withholding disposition of 496 shares reported in the Form 4 filed for the February 23, 2026 transaction.

What type of Form 4 transaction did Hershey (HSY) report for Jason Reiman?

The Form 4 shows a tax-withholding disposition, coded “F,” for Jason Reiman. This code represents payment of an exercise price or tax liability by delivering securities rather than an open-market buy or sell, affecting 496 shares of Hershey common stock.

Was the Hershey (HSY) insider transaction by Jason Reiman a direct holding change?

Yes, the transaction affected Jason Reiman’s direct holdings of Hershey common stock. He disposed of 496 directly held shares in a tax-withholding disposition and, after the transaction, his direct ownership position stood at 43,036 common shares of Hershey.

Does the Hershey (HSY) Form 4 indicate open-market buying or selling by Jason Reiman?

No, the Form 4 characterizes the transaction as a tax-withholding disposition, not open-market trading. The code “F” and description specify payment of an exercise price or tax liability by delivering 496 shares, rather than a traditional market buy or sell order.