powerballsaturdaydrawing| Form 144 |Hershey (HSY.US) executives plan to sell 1,500 shares worth approximately $278,700

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内容导读:AccordingtothedisclosurebytheSecuritiesandExchangeCommission(SEC)onApril23rdUSEasterntimePowerballsaturd...……

According to the disclosure by the Securities and Exchange Commission (SEC) on April 23rd US Eastern timePowerballsaturdaydrawingThe file ofPowerballsaturdaydrawing, $HSY.US) $Executive Voskuil Steven E is to be sold on April 23rdPowerballsaturdaydrawing500 common shares with a total market capitalization of about $278700

In addition, Voskuil Steven E has reduced its stake in the company since January 23, 2024.Powerballsaturdaydrawing500 shares with a total value of about $869900.

Photo Source: SEC announcement

powerballsaturdaydrawing| Form 144 |Hershey (HSY.US) executives plan to sell 1,500 shares worth approximately 8,700

What is Form 144s?

The US Securities Act of 1933 Rule 144stipulates that related parties (major shareholders, executives and board members of listed companies who hold more than 10% of the shares of listed companies) and shareholders who obtain shares from related parties (such stocks are restricted or controlled securities) must follow strict disclosure procedures when selling such shares and must declare Form 144documents to SEC before selling.

Among them, the related party must hold the securities for at least six months, and the number of shares sold shall not exceed 1% of the total number of issued shares. Related parties are required to submit this form to SEC when the number of shares sold during any three-month period exceeds 5000 shares, or when the total market capitalization exceeds US $50, 000.