Villasenor Vero 4
Research Summary
AI-generated summary
Hershey (HSY) President Vero Villasenor Receives 2,605-Share Award
What Happened
Vero Villasenor, President, Salty Snacks at The Hershey Company (HSY), received an award of 2,605 shares (report code A) on 2026-02-25. To cover tax withholding (report code F), 102 of those shares were surrendered at $229.64 per share, a withholding value of $23,423. Net shares delivered to Villasenor were 2,503. The award was recorded at $0.00 per share (typical for restricted stock/RSU grants).
Key Details
- Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (timely).
- Award: 2,605 shares granted (code A) at $0.00.
- Tax withholding: 102 shares withheld (code F) at $229.64/share = $23,423.
- Net shares received: 2,605 − 102 = 2,503 shares.
- Shares owned after transaction: not specified in the provided filing.
- Filing appears routine and related to compensation; no 10b5-1 plan or late-filing flags noted in the provided data.
Context
- Code A = award/grant (commonly RSUs); code F = shares withheld to satisfy tax withholding (a cashless withholding).
- Such grants are standard compensation and do not, by themselves, indicate the insider’s view of the company’s stock.