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Rule 10b5-1 under the Exchange Act provides an affirmative defense that enables directors and officers to prearrange transactions in the Company’s securities in a manner that avoids concerns about initiating transactions while in possession of material nonpublic information.
−Removed: The following table describes the contracts, instructions or written plans for the purchase or sale of securities adopted by our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) during the three months ended October 1, 2023, that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
−Removed: No other Rule 10b5-1 trading arrangements or “non-Rule 10b5–1 trading arrangements” (as defined by S-K Item 408(c)) were entered into or terminated by our directors or officers during such period.
−Removed: Name and Title Date of Adoption of 10b5-1 Plan Duration of 10b5-1 Plan (1)
−Removed: Aggregate Number of Securities to be Sold or Purchased
−Removed: Senior Vice President, International
−Removed: Sell 4,200 shares
−Removed: President, U.S.
−Removed: Sell 8,260 shares
−Removed: (1) The plan duration is until the date listed in this column or such earlier date upon the completion of all trades under the plan (or the expiration of the orders relating to such trades without execution) or the occurrence of such other termination events as specified in the plan.
−Removed: The Hershey Company | Q3 2023 Form 10-Q | Page 50
+Added: During the three months ended March 31, 2024, no directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated any contract, instruction, or written plan for the purchase or sale of securities that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any other Rule 10b5-1 trading arrangements or “non-Rule 10b5–1 trading arrangements” (as defined by S-K Item 408(c)).
The following exhibits are filed as part of this Quarterly Report on Form 10-Q:
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101.DEF Inline XBRL Taxonomy Extension Definition Linkbase
−Removed: 104 The cover page from the Company's Quarterly Report on Form 10-Q for the quarterly period ended October 1, 2023, formatted in Inline XBRL and contained in Exhibit 101.
+Added: 104 The cover page from the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2024, formatted in Inline XBRL and contained in Exhibit 101.
* Filed herewith
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THE HERSHEY COMPANY
−Removed: October 26, 2023 /s/ Steven E.
+Added: May 3, 2024 /s/ Steven E.
Senior Vice President, Chief Financial Officer
(Principal Financial Officer)
−Removed: October 26, 2023 /s/ Jennifer L.
+Added: May 3, 2024 /s/ Jennifer L.
Vice President, Chief Accounting Officer
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.