The Hershey Company (HSY) – Form 144 filing: Insider Seth Turoff has filed a notice of proposed sale under Rule 144 to dispose of 1,300 common shares on approximately 07/01/2025 through Fidelity Brokerage Services on the NYSE. The shares have an aggregate market value of $227,500, equating to less than 0.003% of Hershey’s 147,990,276 shares outstanding, well below the Rule 144 1% volume cap.
The filing also discloses that the same insider sold 2,600 shares in two prior transactions on 05/30/2025 and 06/09/2025 for total gross proceeds of $423,540. All shares originated from restricted-stock vesting on 02/22/2022 and were received as compensation.
No additional financial metrics, earnings data, or strategic information are provided. While insider selling can sometimes be viewed negatively, the quantity is immaterial relative to total shares outstanding and does not, on its face, indicate a change in Hershey’s fundamentals.