Nalebuff Barry James 4

What Happened

• Barry Nalebuff (Director of The Hershey Company) was granted 221.795 shares on 2026-04-01. The Form 4 reports the acquisition as an award/grant at $0.00 (total reported value $0), consistent with equity compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (Period of Report: 2026-04-01).
• Transaction type/code: A — Award/Grant.
• Shares granted: 221.795; reported acquisition price: $0.00; reported total value: $0.
• Shares owned after transaction: not specified in the excerpt provided. The filing notes the reported directly owned total includes 7.633 shares acquired on 2026-03-16 via a dividend reinvestment feature of the Company's Directors' Compensation Plan (see footnote).
• Timeliness: Filing appears timely (filed two days after the transaction date).

Context

• This was an equity award under the directors' compensation plan (not a market purchase or sale). Such grants are routine compensation for non-employee directors and do not by themselves imply a buying or selling signal. The footnote clarifies that a small prior acquisition (7.633 shares) resulted from dividend reinvestment under the director plan.