STOCK TITAN

[Form 4] The Hershey Company Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

MillerKnoll, Inc. (MLKN) – Form 4 filing for Chief Strategy & Technology Officer Megan C. Lyon, dated 07/24/2025.

On 07/22/2025 Lyon converted 35,376 restricted stock units (RSUs) into common shares (Transaction Code “M”) at a stated price of $0.00, increasing her direct common-stock holdings to 74,371.33 shares immediately after the conversions. To satisfy withholding obligations, she disposed of 10,499.198 shares at $19.50 per share (Transaction Code “F”), leaving 63,872.13 shares held directly.

Following the transactions, Lyon retains 53,931 unvested RSUs (down from 59,176). Of these, 30,131 RSUs represent her fiscal 2024 annual incentive bonus (cliff-vest 07/22/2025) and 5,245 RSUs follow a 33%/33%/34% annual vest schedule through 2027.

Net result: Lyon’s equity exposure increased by ~24.9 k shares; all sales were automatic tax-withholding sales rather than open-market disposals. No other insider or company-level financial data is included.

MillerKnoll, Inc. (MLKN) – Deposito del Modulo 4 per la Chief Strategy & Technology Officer Megan C. Lyon, datato 24/07/2025.

Il 22/07/2025 Lyon ha convertito 35.376 unità azionarie ristrette (RSU) in azioni ordinarie (Codice Transazione “M”) a un prezzo nominale di $0,00, aumentando le sue partecipazioni dirette in azioni ordinarie a 74.371,33 azioni subito dopo la conversione. Per adempiere agli obblighi di ritenuta fiscale, ha ceduto 10.499,198 azioni a $19,50 per azione (Codice Transazione “F”), mantenendo 63.872,13 azioni detenute direttamente.

Dopo le transazioni, Lyon detiene ancora 53.931 RSU non maturate (in calo rispetto a 59.176). Di queste, 30.131 RSU rappresentano il suo bonus annuale di incentivo fiscale 2024 (maturazione completa il 22/07/2025) e 5.245 RSU seguono un piano di maturazione annuale del 33%/33%/34% fino al 2027.

Risultato netto: l'esposizione azionaria di Lyon è aumentata di circa 24,9 mila azioni; tutte le vendite sono state automatiche per coprire le tasse, non disposizioni sul mercato aperto. Non sono inclusi altri dati finanziari di insider o a livello aziendale.

MillerKnoll, Inc. (MLKN) – Presentación del Formulario 4 para la Directora de Estrategia y Tecnología Megan C. Lyon, fechada el 24/07/2025.

El 22/07/2025 Lyon convirtió 35,376 unidades restringidas de acciones (RSU) en acciones comunes (Código de Transacción “M”) a un precio declarado de $0.00, aumentando su tenencia directa de acciones comunes a 74,371.33 inmediatamente después de la conversión. Para cumplir con las obligaciones de retención, dispuso de 10,499.198 acciones a $19.50 por acción (Código de Transacción “F”), quedando con 63,872.13 acciones en tenencia directa.

Después de las transacciones, Lyon conserva 53,931 RSU no adquiridas (desde 59,176). De estas, 30,131 RSU representan su bono anual de incentivo fiscal 2024 (adquisición total el 22/07/2025) y 5,245 RSU siguen un calendario anual de adquisición del 33%/33%/34% hasta 2027.

Resultado neto: la exposición accionaria de Lyon aumentó en aproximadamente 24.9 mil acciones; todas las ventas fueron automáticas para retención de impuestos, no disposiciones en el mercado abierto. No se incluyen otros datos financieros de insiders o a nivel corporativo.

MillerKnoll, Inc. (MLKN) – 최고 전략 및 기술 책임자 메건 C. 라이언의 2025년 7월 24일자 Form 4 제출.

2025년 7월 22일 라이언은 35,376개의 제한 주식 단위(RSU)를 보통주로 전환하였으며(거래 코드 “M”), 명시된 가격은 $0.00로 전환 직후 직접 보유 주식 수가 74,371.33주로 증가했습니다. 원천징수 의무를 충족하기 위해 10,499.198주를 주당 $19.50에 처분하였으며(거래 코드 “F”), 직접 보유 주식은 63,872.13주로 남았습니다.

거래 후 라이언은 53,931개의 미확정 RSU를 보유하고 있으며(이전 59,176개에서 감소), 이 중 30,131개는 2024 회계연도 연간 인센티브 보너스(2025년 7월 22일 일괄 확정)이고, 5,245개는 2027년까지 연 33%/33%/34%의 베스팅 스케줄을 따릅니다.

순 결과: 라이언의 지분 노출이 약 24,900주 증가했으며, 모든 매도는 공개 시장 처분이 아닌 자동 세금 원천징수 매도였습니다. 기타 내부자 또는 회사 수준의 재무 데이터는 포함되지 않았습니다.

MillerKnoll, Inc. (MLKN) – Dépôt du formulaire 4 pour la Directrice de la Stratégie et de la Technologie Megan C. Lyon, daté du 24/07/2025.

Le 22/07/2025, Lyon a converti 35 376 unités d’actions restreintes (RSU) en actions ordinaires (code transaction « M ») à un prix indiqué de 0,00 $, portant sa détention directe d’actions ordinaires à 74 371,33 actions immédiatement après la conversion. Pour satisfaire aux obligations de retenue, elle a cédé 10 499,198 actions à 19,50 $ par action (code transaction « F »), laissant 63 872,13 actions détenues directement.

Après ces transactions, Lyon détient 53 931 RSU non acquises (en baisse par rapport à 59 176). Parmi celles-ci, 30 131 RSU correspondent à son bonus annuel d’incitation fiscale 2024 (acquisition totale le 22/07/2025) et 5 245 RSU suivent un calendrier d’acquisition annuel de 33 %/33 %/34 % jusqu’en 2027.

Résultat net : l’exposition en actions de Lyon a augmenté d’environ 24,9 k actions ; toutes les ventes ont été des ventes automatiques pour la retenue d’impôt, et non des cessions sur le marché ouvert. Aucune autre donnée financière d’initiés ou au niveau de l’entreprise n’est incluse.

MillerKnoll, Inc. (MLKN) – Form 4 Einreichung für Chief Strategy & Technology Officer Megan C. Lyon, datiert auf den 24.07.2025.

Am 22.07.2025 hat Lyon 35.376 Restricted Stock Units (RSUs) in Stammaktien umgewandelt (Transaktionscode „M“) zu einem angegebenen Preis von 0,00 $, wodurch ihr direkter Bestand an Stammaktien unmittelbar nach der Umwandlung auf 74.371,33 Aktien anstieg. Zur Erfüllung der Steuerabzugsverpflichtungen veräußerte sie 10.499,198 Aktien zu 19,50 $ pro Aktie (Transaktionscode „F“), wodurch sie 63.872,13 Aktien direkt hielt.

Nach den Transaktionen hält Lyon weiterhin 53.931 nicht unverfallbare RSUs (vorher 59.176). Davon repräsentieren 30.131 RSUs ihren Jahresbonus für das Geschäftsjahr 2024 (Vollverfall am 22.07.2025) und 5.245 RSUs folgen einem jährlichen Vestingplan von 33%/33%/34% bis 2027.

Nettoergebnis: Lyons Aktienexposure stieg um ca. 24,9 Tsd. Aktien; alle Verkäufe waren automatische Steuerabzugsverkäufe und keine Verkäufe am freien Markt. Weitere Insider- oder Unternehmensfinanzdaten sind nicht enthalten.

Positive
  • Net acquisition of approximately 24,877 common shares by a C-suite executive increases insider ownership and aligns incentives.
Negative
  • Disposition of 10,499 shares at $19.50 (tax-withholding) represents dilution of the initial RSU conversion, though routine.

Insights

TL;DR: Executive net adds 24.9 k MLKN shares; disposals were tax-withholding—impact neutral.

The Form 4 shows standard RSU settlement activity. Lyon converted 35,376 RSUs, then sold 10,499 shares to cover taxes at $19.50, a routine price-and-sell mechanism set by the company. Her direct ownership rose 64% to 63,872 shares, signalling continued alignment with shareholders. RSU balance declines appropriately to 53,931, maintaining long-term incentives. Because no discretionary market sale occurred, the filing does not suggest bearish insider sentiment. Material impact on MLKN’s float is de minimis.

TL;DR: Routine compensation settlement; no valuation signal, not market-moving.

Transaction codes “M” and “F” indicate option/RSU conversion and tax-withholding sell-to-cover, respectively. The $205 k gross market value sold (10,499 × $19.50) is immaterial versus MLKN’s average daily volume, so liquidity or sentiment impact is negligible. Net share accumulation by a C-suite member can be viewed as slightly reassuring, yet lacks predictive power absent open-market buys. I classify the disclosure as non-impactful from a risk-assessment standpoint.

MillerKnoll, Inc. (MLKN) – Deposito del Modulo 4 per la Chief Strategy & Technology Officer Megan C. Lyon, datato 24/07/2025.

Il 22/07/2025 Lyon ha convertito 35.376 unità azionarie ristrette (RSU) in azioni ordinarie (Codice Transazione “M”) a un prezzo nominale di $0,00, aumentando le sue partecipazioni dirette in azioni ordinarie a 74.371,33 azioni subito dopo la conversione. Per adempiere agli obblighi di ritenuta fiscale, ha ceduto 10.499,198 azioni a $19,50 per azione (Codice Transazione “F”), mantenendo 63.872,13 azioni detenute direttamente.

Dopo le transazioni, Lyon detiene ancora 53.931 RSU non maturate (in calo rispetto a 59.176). Di queste, 30.131 RSU rappresentano il suo bonus annuale di incentivo fiscale 2024 (maturazione completa il 22/07/2025) e 5.245 RSU seguono un piano di maturazione annuale del 33%/33%/34% fino al 2027.

Risultato netto: l'esposizione azionaria di Lyon è aumentata di circa 24,9 mila azioni; tutte le vendite sono state automatiche per coprire le tasse, non disposizioni sul mercato aperto. Non sono inclusi altri dati finanziari di insider o a livello aziendale.

MillerKnoll, Inc. (MLKN) – Presentación del Formulario 4 para la Directora de Estrategia y Tecnología Megan C. Lyon, fechada el 24/07/2025.

El 22/07/2025 Lyon convirtió 35,376 unidades restringidas de acciones (RSU) en acciones comunes (Código de Transacción “M”) a un precio declarado de $0.00, aumentando su tenencia directa de acciones comunes a 74,371.33 inmediatamente después de la conversión. Para cumplir con las obligaciones de retención, dispuso de 10,499.198 acciones a $19.50 por acción (Código de Transacción “F”), quedando con 63,872.13 acciones en tenencia directa.

Después de las transacciones, Lyon conserva 53,931 RSU no adquiridas (desde 59,176). De estas, 30,131 RSU representan su bono anual de incentivo fiscal 2024 (adquisición total el 22/07/2025) y 5,245 RSU siguen un calendario anual de adquisición del 33%/33%/34% hasta 2027.

Resultado neto: la exposición accionaria de Lyon aumentó en aproximadamente 24.9 mil acciones; todas las ventas fueron automáticas para retención de impuestos, no disposiciones en el mercado abierto. No se incluyen otros datos financieros de insiders o a nivel corporativo.

MillerKnoll, Inc. (MLKN) – 최고 전략 및 기술 책임자 메건 C. 라이언의 2025년 7월 24일자 Form 4 제출.

2025년 7월 22일 라이언은 35,376개의 제한 주식 단위(RSU)를 보통주로 전환하였으며(거래 코드 “M”), 명시된 가격은 $0.00로 전환 직후 직접 보유 주식 수가 74,371.33주로 증가했습니다. 원천징수 의무를 충족하기 위해 10,499.198주를 주당 $19.50에 처분하였으며(거래 코드 “F”), 직접 보유 주식은 63,872.13주로 남았습니다.

거래 후 라이언은 53,931개의 미확정 RSU를 보유하고 있으며(이전 59,176개에서 감소), 이 중 30,131개는 2024 회계연도 연간 인센티브 보너스(2025년 7월 22일 일괄 확정)이고, 5,245개는 2027년까지 연 33%/33%/34%의 베스팅 스케줄을 따릅니다.

순 결과: 라이언의 지분 노출이 약 24,900주 증가했으며, 모든 매도는 공개 시장 처분이 아닌 자동 세금 원천징수 매도였습니다. 기타 내부자 또는 회사 수준의 재무 데이터는 포함되지 않았습니다.

MillerKnoll, Inc. (MLKN) – Dépôt du formulaire 4 pour la Directrice de la Stratégie et de la Technologie Megan C. Lyon, daté du 24/07/2025.

Le 22/07/2025, Lyon a converti 35 376 unités d’actions restreintes (RSU) en actions ordinaires (code transaction « M ») à un prix indiqué de 0,00 $, portant sa détention directe d’actions ordinaires à 74 371,33 actions immédiatement après la conversion. Pour satisfaire aux obligations de retenue, elle a cédé 10 499,198 actions à 19,50 $ par action (code transaction « F »), laissant 63 872,13 actions détenues directement.

Après ces transactions, Lyon détient 53 931 RSU non acquises (en baisse par rapport à 59 176). Parmi celles-ci, 30 131 RSU correspondent à son bonus annuel d’incitation fiscale 2024 (acquisition totale le 22/07/2025) et 5 245 RSU suivent un calendrier d’acquisition annuel de 33 %/33 %/34 % jusqu’en 2027.

Résultat net : l’exposition en actions de Lyon a augmenté d’environ 24,9 k actions ; toutes les ventes ont été des ventes automatiques pour la retenue d’impôt, et non des cessions sur le marché ouvert. Aucune autre donnée financière d’initiés ou au niveau de l’entreprise n’est incluse.

MillerKnoll, Inc. (MLKN) – Form 4 Einreichung für Chief Strategy & Technology Officer Megan C. Lyon, datiert auf den 24.07.2025.

Am 22.07.2025 hat Lyon 35.376 Restricted Stock Units (RSUs) in Stammaktien umgewandelt (Transaktionscode „M“) zu einem angegebenen Preis von 0,00 $, wodurch ihr direkter Bestand an Stammaktien unmittelbar nach der Umwandlung auf 74.371,33 Aktien anstieg. Zur Erfüllung der Steuerabzugsverpflichtungen veräußerte sie 10.499,198 Aktien zu 19,50 $ pro Aktie (Transaktionscode „F“), wodurch sie 63.872,13 Aktien direkt hielt.

Nach den Transaktionen hält Lyon weiterhin 53.931 nicht unverfallbare RSUs (vorher 59.176). Davon repräsentieren 30.131 RSUs ihren Jahresbonus für das Geschäftsjahr 2024 (Vollverfall am 22.07.2025) und 5.245 RSUs folgen einem jährlichen Vestingplan von 33%/33%/34% bis 2027.

Nettoergebnis: Lyons Aktienexposure stieg um ca. 24,9 Tsd. Aktien; alle Verkäufe waren automatische Steuerabzugsverkäufe und keine Verkäufe am freien Markt. Weitere Insider- oder Unternehmensfinanzdaten sind nicht enthalten.

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).
1. Name and Address of Reporting Person*
Buck Michele

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman, President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
07/23/2025
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 07/23/2025 M 19,290 A $109.4 212,914 D
Common Stock 07/23/2025 S(1) 19,290 D $185 193,624 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
Non-qualified Stock Option (Right to Buy) $109.4 07/23/2025 M 19,290 (2) 02/28/2027 Common Stock 19,290 $0 19,290 D
Explanation of Responses:
1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2025 (modified February 28, 2025).
2. The options vested according to the following schedule: 25% vested on March 1, 2018, 25% vested on March 1, 2019, 25% vested on March 1, 2020 and 25% vested on March 1, 2021.
/s/ Kathleen Purcell, Agent for Michele G. Buck 07/24/2025
** 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

How many MLKN shares did Megan Lyon acquire on 07/22/2025?

35,376 shares were received through RSU conversion (Transaction Code “M”).

How many MLKN shares were sold to cover taxes?

A total of 10,499.198 shares were automatically sold at $19.50 each (Transaction Code “F”).

What is Megan Lyon’s current direct ownership in MLKN?

Post-transaction, she directly owns 63,872.13 common shares.

How many restricted stock units does the executive still hold?

She retains 53,931 unvested RSUs after the settlements.

Do these transactions indicate insider bullishness or bearishness?

The filing appears neutral; acquisitions were RSU settlements and sales were mandatory for tax withholding.
Hershey Co

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