Hershey 10% owner sells 20,000 shares under plan
The reported position includes 54,612,012 Class B shares convertible share-for-share into common stock.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
The Hershey Company's (HSY) reporting person, Hershey Trust Company, trustee for the Milton Hershey School Trust and identified as a ten-percent owner, sold 20,000 common shares on November 5 and 6, 2026, under a Rule 10b5-1 plan. Footnoted sale prices are weighted averages for multiple transactions. As of November 5, 2026, the reporting person also listed 54,612,012 directly held Class B shares, convertible share-for-share into common stock, and 39,630 common shares held indirectly through Hershey Trust Company.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares
Net Sell
15 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
10% Owner
Sold
20,000 shs ($3.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value F7 | 218 | $171.4768 | $37K |
| Sale | Common Stock, $1.00 par value F8 | 351 | $172.5268 | $61K |
| Sale | Common Stock, $1.00 par value F9 | 162 | $173.6664 | $28K |
| Sale | Common Stock, $1.00 par value | 81 | $174.5713 | $14K |
| Sale | Common Stock, $1.00 par value | 81 | $175.2248 | $14K |
| Sale | Common Stock, $1.00 par value | 81 | $176.6622 | $14K |
| Sale | Common Stock, $1.00 par value F10 | 1,227 | $177.6362 | $218K |
| Sale | Common Stock, $1.00 par value F11 | 6,490 | $178.4715 | $1.16M |
| Sale | Common Stock, $1.00 par value F12 | 1,309 | $179.1721 | $235K |
| Sale | Common Stock, $1.00 par value F1 | 1,084 | $173.5699 | $188K |
| Sale | Common Stock, $1.00 par value F2 | 924 | $174.5417 | $161K |
| Sale | Common Stock, $1.00 par value F3 | 1,783 | $175.5294 | $313K |
| Sale | Common Stock, $1.00 par value F4 | 1,660 | $176.657 | $293K |
| Sale | Common Stock, $1.00 par value F5 | 4,367 | $177.3602 | $775K |
| Sale | Common Stock, $1.00 par value F6 | 182 | $178.2019 | $32K |
| Holding | Class B Common Stock, $1.00 par value F15, F14 | -- | -- | -- |
| Holding | Common Stock, $1.00 par value F13 | -- | -- | -- |
Holdings After Transaction:
Common Stock, $1.00 par value — 416,119 shares (Direct);
Class B Common Stock, $1.00 par value — 54,612,012 shares (Direct);
Common Stock, $1.00 par value — 39,630 shares (Indirect, By Hershey Trust Company)
Footnotes (15)
- F1. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $173.1300 to $173.9725, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F2. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $174.0050 to $174.9649, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F3. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $175.0456 to $175.9963, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F4. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $176.0042 to $176.9965, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F5. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $177.0000 to $177.9909, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F6. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $178.0186 to $178.4328, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F7. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $171.2300 to $171.9195, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F8. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $172.3400 to $172.8225, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F9. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $173.3933 to $173.9566, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F10. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $177.2844 to $177.9600, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F11. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $178.0300 to $178.9900, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F12. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $179.0000 to $179.5800, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F13. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- F14. All shares of Class B common stock, $1.00 par value convertible share-for-share into common stock, $1.00 par value, at any time, and without payment other than for the fact of conversion. There is no expiration date.
- F15. The conversion price is the market price of the Common Stock on the previous business day.
Key Figures
Common shares sold: 20,000 shares
Sale price: $173.5699 per share
Sale price: $178.4715 per share
+2 more
5 metrics
Common shares sold
20,000 shares
Sales on November 5 and 6, 2026
Sale price
$173.5699 per share
1,084 shares sold November 5, 2026; weighted-average price
Sale price
$178.4715 per share
6,490 shares sold November 6, 2026; weighted-average price
Direct Class B shares held
54,612,012 shares
As of November 5, 2026; convertible share-for-share into common stock
Indirect common shares held
39,630 shares
As of November 5, 2026; held through Hershey Trust Company
Key Terms
Rule 10b5-1 plan, weighted average price, Class B Common Stock, share-for-share
4 terms
Rule 10b5-1 plan regulatory
"Sales reported under a Rule 10b5-1 plan"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"The Price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class B Common Stock financial
"Class B Common Stock, $1.00 par value"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
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