Hershey (HSY) executive receives stock grant, withholds shares for taxes

Rhea-AI Filing Summary

Hershey Co executive Vero Villasenor reported equity compensation and related tax withholding. On February 25, 2026, Villasenor acquired 2,605 shares of Hershey common stock through a grant or award at a price of $0.0000 per share. On the same date, 102 shares were disposed of at $229.64 per share to cover taxes or exercise costs, a non‑open‑market, tax-withholding transaction. After these transactions, Villasenor directly owned 21,550.428 Hershey common shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Villasenor Vero

Role President, Salty Snacks

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,605	$0.00	--
Tax Withholding	Common Stock	102	$229.64	$23K

Holdings After Transaction: Common Stock — 21,652.428 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^*

Villasenor Vero

(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)
	President, Salty Snacks

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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	02/25/2026		A		2,605	A	$0	21,652.428	D
Common Stock	02/25/2026		F		102	D	$229.64	21,550.428	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/ Shayon T. Smith, Agent for Vero Villasenor	02/27/2026
	** 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 transactions did HSY executive Vero Villasenor report?

Vero Villasenor reported receiving a stock grant of 2,605 Hershey common shares and a related tax-withholding disposition of 102 shares. Both transactions occurred on February 25, 2026, and involved directly held common stock.

How many Hershey (HSY) shares did Villasenor acquire in the latest Form 4?

Vero Villasenor acquired 2,605 shares of Hershey common stock through a grant or award. The shares were reported at a price of $0.0000 per share, indicating equity compensation rather than an open-market purchase.

What was the purpose of the 102 HSY shares disposed of by Villasenor?

The 102 Hershey shares were disposed of to satisfy exercise price or tax liabilities by delivering securities. This tax-withholding disposition, coded “F,” is not an open-market sale but a mechanism to cover obligations linked to the stock award.

What price was used for the 102 Hershey (HSY) shares withheld for taxes?

The 102 shares used for tax withholding were valued at $229.64 per share. This price reflects the value applied to shares delivered to cover tax or exercise obligations, not a discretionary market trade by the executive.

How many Hershey shares does Vero Villasenor own after these Form 4 transactions?

After the grant and related tax-withholding disposition, Vero Villasenor directly owns 21,550.428 Hershey common shares. This figure reflects Villasenor’s direct ownership immediately following the February 25, 2026 transactions.

Were Vero Villasenor’s recent HSY transactions open-market buys or sells?

No, the Form 4 shows a stock grant and a tax-withholding disposition. The acquisition was a grant or award at no cash cost, and the 102-share disposition covered tax or exercise obligations rather than an open-market trade.