Hershey (HSY) CEO Kirk Tanner receives 18,988-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tanner Kirk reported acquisition or exercise transactions in this Form 4 filing.
Hershey Co director and President and CEO Kirk Tanner received an equity award of 18,988 shares of common stock. The shares were granted at a stated price of $0.00 per share, indicating a stock-based compensation award rather than an open-market purchase. Following this grant, Tanner directly holds a total of 66,848 Hershey common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tanner Kirk
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,988 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 66,848 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Hershey (HSY) report for Kirk Tanner?
Hershey reported that President and CEO Kirk Tanner received an equity grant of 18,988 shares of common stock. The award was recorded at $0.00 per share, reflecting stock-based compensation rather than a market trade, and increased his direct holdings to 66,848 shares.
Was the Hershey (HSY) insider transaction a stock purchase or a grant?
The transaction was a grant or award acquisition, not a market purchase. Kirk Tanner received 18,988 shares of Hershey common stock at a stated price of $0.00 per share, consistent with a compensation award rather than buying shares on the open market.
What does transaction code "A" mean in the Hershey (HSY) Form 4?
Transaction code "A" on the Hershey Form 4 denotes a grant, award, or other acquisition. In this case, it reflects an equity compensation grant of 18,988 shares of common stock to President and CEO Kirk Tanner, rather than an open-market purchase or sale.
Does the Hershey (HSY) CEO grant involve direct or indirect ownership?
The grant results in direct ownership for Kirk Tanner. The Form 4 identifies the 18,988-share acquisition as directly held common stock, and the total 66,848 shares following the transaction are also listed as direct holdings, with no separate indirect ownership entity disclosed.