Nalebuff Barry James 4

What Happened
Barry Nalebuff, a director of The Hershey Company (HSY), received an award/grant of 119.259 shares on 2026-03-16. The filing reports an acquisition (code A) at an implied price of $220.11 per share, for a total value of $26,250. This was an award (compensation-related acquisition), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (appears filed within the standard two-business-day window).
• Shares granted: 119.259; price used: $220.11; total reported value: $26,250.
• Shares owned after transaction: not specified in the provided filing.
• Codes/notes: Transaction reported as acquisition via award (A). No 10b5-1 plan, tax-withholding, or other footnotes were indicated in the summary provided.

Context
Grants to directors are typically part of routine compensation (restricted stock, RSUs, or similar) and represent acquisition of shares but do not necessarily imply a personal cash purchase or immediate bullish trading. Such awards often vest over time; the filing does not indicate whether shares were vested or subject to restrictions.