Grover Rohit 4

What Happened
Rohit Grover, President, International at Hershey Co. (HSY), sold a total of 3,500 shares in two open-market transactions on February 24, 2026. Each sale was for 1,750 shares at $226.07 per share, generating approximately $395,623 each and about $791,246 in gross proceeds combined. These were sales (code S), not purchases.

Key Details

• Transaction dates and prices: 2026-02-24 — 1,750 shares @ $226.07 (x2).
• Total sold: 3,500 shares for ~ $791,246 in gross proceeds.
• Filing: Form 4 filed 2026-02-26 for transactions on 2026-02-24 — filed within the typical two-business-day window (timely).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 11, 2025.

Context
A 10b5-1 trading plan allows insiders to execute pre-planned trades and is commonly used to avoid trading on nonpublic information; transactions under such plans are often routine and do not necessarily reflect the insider’s current view of the company. Sales provide less clear signal than purchases for retail investors, since they can be driven by personal financial planning or pre-set plans rather than company-specific outlook.