Hershey (NYSE: HSY) SVP disposes shares to cover tax liability

Rhea-AI Filing Summary

Hershey Co senior vice president and general counsel James Turoff reported a tax-related share disposition. On February 23, 2026, 385 shares of Hershey common stock were disposed of at $226.07 per share to satisfy a tax liability by delivering securities.

After this tax-withholding disposition, Turoff directly owned 24,936 shares of Hershey common stock. The transaction was coded as a tax-withholding event rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Turoff James

Role SVP, GC & Secretary

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	385	$226.07	$87K

Holdings After Transaction: Common Stock — 24,936 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^*

Turoff James

(Last) (First) (Middle)

THE HERSHEY COMPANY

19 EAST 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, GC & Secretary

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		385	D	$226.07	24,936	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 James Turoff	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) SVP James Turoff report?

James Turoff reported a tax-related share disposition of Hershey stock. On February 23, 2026, 385 common shares were delivered at $226.07 per share to cover a tax liability, leaving him with 24,936 directly owned shares afterward.

How many Hershey (HSY) shares did James Turoff dispose of for taxes?

James Turoff disposed of 385 Hershey common shares to cover a tax liability. The shares were valued at $226.07 each in this Form 4 transaction, classified as a tax-withholding disposition rather than an open-market trade.

What was the price per share in James Turoff’s Hershey Form 4 transaction?

The reported value per Hershey common share was $226.07 in James Turoff’s Form 4. This price applied to 385 shares disposed of to satisfy a tax obligation, according to the tax-withholding transaction code F description.

How many Hershey (HSY) shares does James Turoff own after this Form 4?

After the tax-withholding disposition, James Turoff directly owned 24,936 Hershey common shares. This post-transaction holding reflects the impact of delivering 385 shares to cover a tax liability, as disclosed in the Form 4 filing.

Was James Turoff’s Hershey Form 4 a market sale or tax withholding event?

The Form 4 shows a tax-withholding disposition, not an open-market sale. Code F indicates 385 shares were delivered at $226.07 per share to pay a tax liability, a common mechanism for settling taxes on equity compensation.