Insider trade

CFO sold ~$269K of HSY shares in the open market

Traded Nov 18, 2025 · Filed Nov 19, 2025

~$269K
Reported value · 1,500 sh @ $179.56: 55K
Holds after · shares reported: -12.9%
stock since the trade · S&P 500 +15.7%, $182.93 → $159.30 on Oct 1

Why it stands out

The money chief of Hershey Company (The) sold $269K of Hershey Company (The) shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Nov 18, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 19, 2025

CFO$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$269,340

Shares × reported transaction price

Timing vs results

19 days after results of Oct 30, 2025, 79 days before results of Feb 5, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $182.93 on Nov 18, 2025, 26% above its 52-week low and 6% below its high, after a 6% drop over the previous 30 trading days

52-week range $144.74 (Feb 4, 2025) to $195.56 (Oct 8, 2025), 75% of the way up, from 250 adjusted closes. 30 trading days earlier: $194.39 on Oct 7, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+3.0%	+4.7%	-1.8%
30 days	+2.0%	+5.0%	-2.9%
90 days	+21.6%	+5.2%	+16.4%
180 days	+5.5%	+12.4%	-6.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0000047111-25-000180
Filed / recorded: Nov 19, 2025, 9:20 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: HERSHEY CO
Issuer CIK: 47111
Ticker: HSY
Reporting person: Steven E Voskuil
Relationship: Officer
Officer title: SVP, Chief Financial Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Nov 18, 2025
Transaction code: S
Shares / units: 1,500
Price per share: $179.56
Acquired / disposed: Disposed (D)
Shares owned after: 55,319
Ownership form: Direct
Amendment: No

Footnotes from the filing

The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 20, 2025.

Around the same time

CFO sold ~$283K of Hershey Company (The)

Scheduled in advance10mo ago

10mo ago

139.55Shares · @ $188.11

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record

10mo ago

139.55Shares · @ $188.11

Compensation award — excluded from discretionary-purchase analysis.

Why it stands out Official record