Hershey CFO Steven Voskuil Sells 950 Shares for $171,000
John Ballard, The Motley Fool
Wed, August 12, 2026 at 12:00 AM GMT+3 4 min read
Steven E. Voskuil, SVP, Chief Financial Officer of The Hershey Company (NYSE:HSY), sold 950 shares of common stock on Aug. 5, 2026, according to a SEC Form 4 filing.
Transaction summary
Transaction value based on SEC Form 4 weighted average sale price ($180.00); post-transaction value based on August 05, 2026, market close ($179.58).
Key questions
-
What was the regulatory context of this disposal?
The transaction was non-discretionary at the time of execution, occurring under a Rule 10b5-1 trading plan adopted by Steven E. Voskuil approximately three months earlier, which provided for pre-scheduled liquidity. -
How does this move impact the insider's total equity exposure?
Despite the sale, Steven E. Voskuil retains a substantial direct stake in the company, with the 950 shares sold representing a minority portion of his total 52,245-share position. -
What are the fundamental indicators for the company at the time of this filing?
As of the Aug. 5, 2026 market close, the company reported a trailing-twelve-month (TTM) revenue of $12.2 billion and net income of $1.5 billion, while the stock has delivered a -2% one-year total return as of the transaction date.
Company Overview
Company Snapshot
-
The Hershey Company manufactures and distributes a comprehensive portfolio of confectionery products and salty snacks, generating revenue through three primary business segments: North America Confectionery, North America Salty Snacks, and International operations.
-
The company operates a vertically integrated business model that encompasses manufacturing, distribution, and retail partnerships across the United States and international markets, capturing margin throughout the value chain from production to the point of sale.
-
The company serves retail customers, including grocery chains, convenience stores, and mass merchandisers, as well as direct-to-consumer channels, with products positioned across mainstream and premium confectionery categories targeting broad demographic segments.
The Hershey Company represents a leading global confectionery manufacturer with a market capitalization of $37.1 billion and TTM revenues of $12.2 billion, demonstrating substantial scale within the consumer defensive sector.
The company leverages iconic brand portfolios and diversified product offerings across confectionery and salty snacks to maintain competitive positioning and drive consistent cash generation.
With 19,595 employees and operations spanning North America and international markets, Hershey maintains a strategic advantage through brand recognition, distribution infrastructure, and category leadership in premium and mainstream confectionery segments.
What this transaction means for investors
This sale shouldn't concern investors. It represented roughly 2% of the executive's stake in the company's stock.
Moreover, the transaction was completed under a Rule 10b5-1 plan, which insiders routinely use to make trades in their stock holdings to avoid the appearance of acting on material non-public information.
Hershey's TTM revenue grew 7.7% year over year, while adjusted earnings per share fell 13% to $7.26. Demand across the company's confectionery and snack brands remains solid. The fall in earnings reflects supply chain challenges and higher transportation costs, which may be short-term and will eventually turn around in Hershey's favor.
Management sees a "robust runway for growth" in core brands. Investors may look at the recent dip in the shares as a buying opportunity.
Should you buy stock in Hershey right now?
Before you buy stock in Hershey, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Hershey wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $411,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,335,252!*
Now, it's worth noting Stock Advisor's total average return is 965% — a market-crushing outperformance compared to 215% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of August 11, 2026.
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.
Hershey CFO Steven Voskuil Sells 950 Shares for $171,000 was originally published by The Motley Fool
Yorumlar (0)
Giriş yaparak yorum yazabilirsin.
İlk yorumu sen yaz.