Hershey Insider McCalman Files Form 4 on Ownership Changes

TL;DR

**Hershey insider McCalman filed a Form 4, signaling a change in her stock ownership.**

AI Summary

This Form 4 filing, dated March 23, 2026, indicates that Jennifer McCalman, an insider at The Hershey Co. (CIK: 0000047111), has filed a statement of changes in beneficial ownership of securities. While the filing itself doesn't detail specific transactions, it signals that an executive's holdings may have changed. This matters to investors because insider transactions can provide clues about management's confidence in the company's future, potentially influencing stock performance.

Why It Matters

This filing signals potential changes in an insider's stake, which can be interpreted by investors as a vote of confidence or concern regarding the company's future prospects.

Risk Assessment

Risk Level: low — This is a routine disclosure filing and does not inherently indicate high risk without transaction details.

Analyst Insight

An investor should monitor subsequent filings or news for details of the transactions, as the Form 4 itself only indicates a change occurred, not the nature or size of the change.

Key Players & Entities

• McCalman Jennifer (person) — Reporting Person
• HERSHEY CO (company) — Issuer
• 0001848210 (person) — CIK for McCalman Jennifer
• 0000047111 (company) — CIK for HERSHEY CO

FAQ

Filing Documents

• form4.html (4)
• form4.xml (4) — 3KB
• 0000047111-26-000131.txt ( ) — 5KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 * McCalman Jennifer (Last) (First) (Middle) 19 EAST CHOCOLATE AVENUE (Street) HERSHEY PENNSYLVANIA 17033 (City) (State) (Zip) UNITED STATES (Country) 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) VP, Chief Accounting Officer 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/19/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) 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 03/19/2026 F 82 D $ 210.58 4,296 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 Jennifer McCalman 03/23/2026 ** 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. * Form 4: SEC 1474 (03-26)

View Full Filing

View this 4 filing on SEC EDGAR