Hershey Chief Accounting Officer Sells 710 Shares for $128,354
Key Points
Jennifer Mccalman disposed of 710 shares at $180.78 per share, representing a total transaction value of $128,354 on August 6, 2026.
The sale reduced the executive's total direct equity holdings in the company by 17%.
All shares in this transaction were held directly, with the insider reporting 3,586 shares remaining in direct ownership and no indirect holdings.
This disposition was executed under a Rule 10b5-1 trading plan established on May 6, 2026, indicating the sale was part of a pre-scheduled liquidity strategy.
Jennifer Mccalman, VP, Chief Accounting Officer at The Hershey Company (NYSE:HSY), reported a sale of 710 shares of common stock on August 6, 2026, according to a recent SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | $128,354 |
| Shares sold | 710 |
| Post-transaction shares (directly held) | 3,586 |
| Post-transaction value | $656,309 |
Transaction value based on SEC Form 4 weighted average sale price ($180.78); post-transaction value based on August 06, 2026 market close ($183.02).
Key questions
- What was the regulatory framework governing this transaction?
The sale was conducted pursuant to a Rule 10b5-1 trading plan that Jennifer Mccalman adopted on May 6, 2026, which allows insiders to schedule trades in advance to avoid conflicts regarding material non-public information. - What is the insider's remaining ownership stake in the company?
Following this transaction, Mccalman directly holds 3,586 shares, which equates to an insider ownership percentage of 0.0018% of the total shares outstanding. - How has the stock performed leading up to this transaction?
As of the August 6, 2026 transaction date, shares were priced at $183.02 at the market close, while the company delivered a one-year total return of 0% as of the same date. - What is the current financial scale of The Hershey Company?
The company currently holds a market capitalization of $37.0 billion and reported trailing twelve-month revenue of $12.2 billion alongside a net income of $1.5 billion.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-08-06) | $183.02 |
| Market Capitalization | $37.0 billion |
| Revenue (TTM) | $12.2 billion |
| Net Income (TTM) | $1.5 billion |
Company Snapshot
- The Hershey Company manufactures and distributes a comprehensive portfolio of confectionery products and salty snacks, generating revenue across its North America Confectionery, North America Salty Snacks, and International business segments.
- The company operates a vertically integrated business model encompassing manufacturing, distribution, and retail partnerships, leveraging its iconic brand portfolio to maintain pricing power and market share in the global confectionery sector.
- Hershey's primary customer base includes retail chains, foodservice operators, and consumers across North America and international markets, with particular strength in the United States confectionery and snacking categories.
The Hershey Company stands as a leading global manufacturer of chocolate and confectionery products with a market capitalization of $37.0 billion and TTM revenues of $12.2 billion.
The company leverages its portfolio of iconic brands and established distribution infrastructure to maintain competitive advantages in the consumer defensive sector, with operations spanning three primary business segments serving diverse customer segments across multiple geographies.
What this transaction means for investors
This sale shouldn’t concern investors. It represented a small percentage of the insiders’ overall stake. It also was completed under a Rule 10b5-1 plan, which is used for pre-planned transactions to avoid the appearance of acting on material non-public information.
Importantly, Hershey’s business is improving. After struggling with higher costs from cocoa inflation, consumers are still buying snacks and candy. TTM revenue grew 7.7% year over year through the second quarter. This is a significant improvement over the flat growth reported in 2024.
Supply chain costs are still an issue. The TTM operating margin of about 18% is still below previous peak levels of around 25%.
Still, analysts are expecting these problems to ease, with earnings projected to show a noticeable increase over the next few years.
John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Hershey. The Motley Fool has a disclosure policy.