Mahlan Deirdre 4

What Happened
Deirdre Mahlan, a director of The Hershey Company (HSY), was granted 251.861 shares on July 1, 2026. The shares were reported as acquired at $0.00 (an award/grant), so no cash was exchanged for this issuance.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-06.
• Transaction type: Award/Grant (code A) — 251.861 shares acquired at $0.00 (value reported $0).
• Footnote: Column 5 ownership reported in the filing includes an additional 8.842 shares acquired on June 15, 2026 through dividend reinvestment under the directors' compensation plan.
• The filing does not provide a separate total "shares owned after transaction" figure in the details provided here.

Context
This was a grant under Hershey’s directors’ compensation arrangements (a routine non-market award), not an open-market purchase or sale. Awards to directors are common as part of compensation and do not, by themselves, indicate buying or selling sentiment. The small dividend-reinvestment amount noted in the footnote reflects routine plan participation and was reported separately.