Filings Radar

SEC 8-K and 6-K filings classified by Claude with reasoning, plus Form 4 insider transactions. Ingested from EDGAR’s filing stream in near-real time, reconciled overnight.

HERSHEY CO (HSY)

CIK 0000047111 4 material events

Insider activity (SEC Form 4)

Open-market buys and sells only — the deliberate trades. Zero here doesn’t mean no filings: grants, option exercises and tax withholding (below) are compensation, not market trades.

Open-market · last 30 days: 0 buyers bought $0 1 seller sold $36.3M
Open-market · last 90 days: 0 buyers bought $0 4 sellers sold $107.9M
InsiderRoleDateTransactionSharesValue
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-09 Open-market sell 10b5-1 1325 $226K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-09 Open-market sell 10b5-1 6195 $1.1M
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-09 Open-market sell 10b5-1 2480 $427K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-08 Open-market sell 10b5-1 355 $61K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-08 Open-market sell 10b5-1 334 $58K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-08 Open-market sell 10b5-1 7489 $1.3M
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-08 Open-market sell 10b5-1 1822 $318K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-04 Open-market sell 10b5-1 8657 $1.5M
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-04 Open-market sell 10b5-1 1343 $234K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-03 Open-market sell 10b5-1 1666 $287K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-03 Open-market sell 10b5-1 1263 $219K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-03 Open-market sell 10b5-1 1848 $323K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-03 Open-market sell 10b5-1 4525 $793K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-03 Open-market sell 10b5-1 698 $123K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-02 Open-market sell 10b5-1 1478 $259K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-02 Open-market sell 10b5-1 977 $173K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-02 Open-market sell 10b5-1 5509 $977K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-02 Open-market sell 10b5-1 1680 $300K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-02 Open-market sell 10b5-1 356 $64K
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner 2026-09-01 Open-market sell 10b5-1 267 $47K
Most recent 20 reported transactions. Open-market buys (P) and sells (S) are the deliberate ones; grants and option exercises are compensation. Not investment advice.

Risk Radar (year-over-year Risk Factors)

← All Risk Radar

Fiscal period ending 2025-12-31 versus 2024-12-31view filing on EDGAR →

A $1.054B swing in hedging mark-to-market — from $563M favorable to $491M unfavorable — is the dominant risk shift, materially expanding near-term cost exposure. New AI-related disclosures on both the competitive and regulatory fronts add substantive, durable risk layers that were absent in the prior filing. Taken together, the risk picture has worsened across cost, technology, and compliance dimensions.

1 company-specific · 2 common-mode

Company-specific changes

Revised

Hedging effectiveness reversed: $563M favorable mark-to-market in 2024 became $491M unfavorable in 2025, a $1.054B swing materially worsening cost exposure.

Risks Related to the Industry in Which We Operate Increases in raw material and energy costs along with the availability of adequate supplies of raw materials could affect future financial results.…

Also disclosed — common-mode (Generative AI competition disruption, AI regulatory compliance)
Generative AI competition disruption Revised

New disclosure of AI integration risk as competitive threat. Adds substantive operational and competitive concern beyond generic competition language.

Increased marketplace competition could hurt our business. The global confectionery and snacks packaged goods industry is intensely competitive and consolidation in this industry continues. Some of…

AI regulatory compliance Revised

New AI regulation risk disclosed; EUDR deadline extended but compliance burden remains. Adds substantive regulatory exposure requiring significant investment and resources.

Risks Related to Governmental and Regulatory Changes Changes in governmental laws, regulations and policies, including taxes and tariffs, could increase our costs and liabilities or impact demand for…

Material year-over-year changes to this company's Risk Factors (Item 1A), found by comparing each annual report to the prior year, judged for materiality, and classified as company-specific or common-mode against the cross-company catalog. Common-mode changes are the macro themes many companies disclose in common; they are collapsed above. A filing marked unchanged had no material change from the prior year; its summary describes the company's standing risks, which remain in force. Fiscal periods are the reporting period ends. Not investment advice.

Exec appointment

8-K filed 2026-09-02 confidence 95% Item 5.02

Dave Hulays was appointed as Senior Vice President and Chief Financial Officer of The Hershey Company effective September 2, 2026, succeeding Steven E. Voskuil who transitioned to Senior Vice President, Strategic Projects.

View raw filing on EDGAR →

Earnings release

8-K filed 2026-07-30 confidence 98% Item 2.02

This is a standard quarterly earnings release for Q2 2026 ended June 28, 2026. The Item 2.02 disclosure announces "net sales and earnings information for the second quarter" with a press release attached as Exhibit 99.1. The press release provides consolidated net sales of $2,787.3 million (up 6.6%), reported net income of $457.7 million ($2.26 per share-diluted, up 629%), adjusted EPS of $1.90 (up 57%), and updated full-year 2026 guidance. This is a material disclosure affecting investor assessment of the registrant's financial performance and outlook.

View raw filing on EDGAR →

Exec appointment

8-K filed 2026-06-09 confidence 95% Item 5.02

The disclosure centers on the Board's appointment of Joe Park as a director effective June 29, 2026, with assignment to the Audit and Finance and Risk Management Committees. This is a clear executive appointment event. While the section mentions compensation arrangements, the principal action disclosed is the appointment itself, not a compensation modification or arrangement distinct from the appointment.

View raw filing on EDGAR →

Exec appointment

8-K filed 2026-05-28 confidence 85% Item 5.02

Mitchell Arends was appointed Senior Vice President and Chief Supply Chain Officer, effective June 22, 2026, succeeding Jason Reiman who is retiring from the role. The appointment of an executive to this material operational position is disclosed across Items 5.02 and 7.01.

View raw filing on EDGAR →