XML 43 R28.htm IDEA: XBRL DOCUMENT

Insider Trading Arrangements

3 Months Ended

6 Months Ended

Jun. 30, 2024

A portion of our directors’ and officers’ compensation is in the form of equity awards and, from time to time, they may engage in open-market transactions with respect to their Company securities for diversification or other personal reasons. All such transactions in Company securities by directors and officers must comply with the Company’s Insider Trading Policy, which requires that transactions be in accordance with applicable U.S. federal securities laws that prohibit trading while in possession of material nonpublic information. 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.

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 June 30, 2024, that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). 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.

Name and Title

Date of Adoption of 10b5-1 Plan

Duration of 10b5-1 Plan(1)

Aggregate Number of Securities to be Sold or Purchased

Michele G. Buck

President, Chief Executive Officer

5/23/2024

04/30/2025

Exercise and sell 66,710 stock options

Jennifer L. McCalman

VP, Chief Accounting Officer

5/10/2024

5/13/2025

Sell 1,094 shares

Charles R. Raup

President, U.S. Confection

5/29/2024

8/29/2025

Sell 4,000 shares

Kristin J. Riggs

President, Salty Snacks

5/31/2024

5/30/2025

Sell 9,000 shares

Christopher M. Scalia

Senior Vice President, Chief Human Resources Officer and Chief Transformation Officer

5/24/2024

11/29/2024

Sell 5,000 shares

James Turoff

Senior Vice President, General Counsel and Secretary

5/29/2024

8/30/2024

Gift 543 shares

Steven E. Voskuil

Senior Vice President, Chief Financial Officer

5/17/2024

7/31/2025

Sell 12,000 shares

(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.

Non-Rule 10b5-1 Arrangement Adopted

false

Rule 10b5-1 Arrangement Terminated

false

Non-Rule 10b5-1 Arrangement Terminated

false

Michele G. Buck [Member]

Trading Arrangements, by Individual

Name

Michele G. Buck

Title

President, Chief Executive Officer