Mahlan Deirdre 4

What Happened
Deirdre Mahlan, a director of The Hershey Company (HSY), was granted 221.795 shares on April 1, 2026. The filing reports the acquisition price as $0.00 and a total reported value of $0, indicating these shares were received as an award/compensation rather than a purchase.

Key Details

• Transaction date: 2026-04-01; Transaction type: Award/Grant (code A)
• Shares acquired: 221.795; Price per share reported: $0.00; Reported value: $0
• Shares owned after transaction: exact post-transaction total not specified in the transaction lines of the summary provided.
• Footnote: The reported direct ownership figure in the filing includes 5.773 shares acquired on March 16, 2026 via the Company’s directors’ dividend reinvestment feature (substantially similar to the company's broad-based DRIP).
• Filing date: 2026-04-03 — appears timely (within standard two-business-day SEC reporting window).

Context
Grants to directors are routine compensation and do not necessarily signal personal buying or selling sentiment. The $0 value reflects that these were awarded shares (compensation), not an open-market purchase. The footnote shows the director also participates in dividend reinvestment, which can lead to small fractional-share holdings.