Company_Context
Consumer Defensive
Confectionery
Institutional analysis of internal capital flows based on SEC Form 4 filings.
Signal_Window
Headline metrics use exact calendar-day windows.
596 directional transactions in 180D
Code P purchases and code S sales are measured from 2026.03.02 — 2026.08.28.
-$216.1M
Open-market buys minus sales2026.08.26
Latest available filing23
Reporting entities in windowNo 180D buyer
No open-market buys in 180DHERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
$214.3MAnalysis of eligible SEC Form 4 activity for HSY indicates a bearish 180-day signal. The selected window contains transactions from 23 distinct reporting insiders, with aggregate nominal activity of $217.77M.
Open-market purchases minus open-market sales produce a negative net flow of $216.11M. Open-market executions represent the majority of measured nominal activity in this window, making the directional flow more representative of voluntary trading activity.
The largest open-market sale in the selected window was attributed to HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL (10% Owner). Form 4 activity provides useful ownership context, but it should not be treated as a standalone prediction of future price performance.
Enriched_Research_Context
These indicators use normalized SEC roles, issuer metadata, cluster detection and post-filing market prices already calculated by the data pipeline.
Consumer Defensive
Confectionery
0
Clustered open-market purchase records in the recent filing sample.
Recent_Filing_History
This table shows recent filing history and is not restricted by the selected 180D headline signal window.
The selected 180-day window contains 23 distinct reporting insiders with eligible transactions for HSY. This count changes when a different signal window is selected.
Open-market selling volume ($216.11M) currently exceeds buying volume ($0.00M), indicating net liquidation by insiders.
No eligible open-market purchases were reported for HSY during the last 180 calendar days.
Performance pending
No matured open-market transaction with calculated market windows is available in the recent sample.
Performance uses the latest matured open-market record in this sample. It describes subsequent market movement and does not imply that the filing caused the price change.