Hershey Co Director Barry James Nalebuff Receives Quarterly Stock Award

Executive Summary

On October 1, 2026, Barry James Nalebuff, a member of the Board of Directors at The Hershey Company (NYSE: HSY), acquired 282.486 shares of Common Stock at $0.00 per share. The transaction was reported via Form 4 on October 5, 2026.

Transaction Analysis

• Nature of Transaction: The transaction is coded as 'A' (Grant, award, or other acquisition), representing regular director equity compensation rather than an open-market purchase or sale.
• Volume & Value: 282.486 shares acquired at an exercise/purchase price of $0, resulting in an immediate out-of-pocket transaction value of $0.
• Holdings Post-Transaction: Following the award, Mr. Nalebuff directly holds 2,461.245 shares of Hershey common stock. This total includes 14.962 shares acquired on September 15, 2026, through the dividend reinvestment feature of the Company's Directors' Compensation Plan.

Market & Trading Significance

This transaction carries Low predictive significance for the market, as it represents routine equity compensation granted to an independent director rather than a discretionary open-market buy or sell decision.