Brandt Christopher W 4

What Happened

• Christopher W. Brandt, a director of The Hershey Company, was granted 59.629 shares (transaction code A — award/grant) on March 16, 2026. The per-share amount used in the filing was $220.11, giving the award a reported value of approximately $13,125. This was an acquisition via award (company grant), not an open-market purchase or sale.

Key Details

• Transaction date and price: March 16, 2026 — 59.629 shares at $220.11 per share.
• Reported value: ~$13,125 (per filing calculation).
• Shares owned after transaction: Not specified in the provided transaction details.
• Filing timing: Reported on March 18, 2026 (filed two days after the transaction); no late-filing indication in the provided data.
• Transaction code meaning: "A" indicates an award or grant (typically part of director compensation).

Context

• Awards to directors are common and often part of routine compensation (e.g., restricted stock or deferred stock units); they do not necessarily imply personal trading intent or a specific view on the stock.
• This was a grant/acquisition via the company rather than a market purchase or sale; such awards are generally less informative about immediate insider sentiment than open-market buys or sales.