Hershey Trust sells 20,000 Hershey shares
Hershey Trust Company, a 10% owner of The Hershey Company, reported open-market sales of 20,000 shares of HSY common stock.
Rhea-AI Filing Summary
Hershey Trust Company, a 10% owner of The Hershey Company, reported open-market sales of 20,000 shares of HSY common stock. The sales occurred on May 28–29, 2026 at weighted average prices ranging from about $193.66 to $198.12 per share, executed in multiple trades at prices within stated ranges.
After these transactions, the trust continues to report more than 1.5 million shares of common stock directly, 39,630 shares held indirectly by Hershey Trust Company, and 54,612,012 shares of Class B common stock directly, which are convertible share-for-share into common stock at any time.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares
Net Sell
8 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
10% Owner
Sold
20,000 shs ($3.91M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value | 1,100 | $193.6625 | $213K |
| Sale | Common Stock, $1.00 par value | 7,418 | $194.3231 | $1.44M |
| Sale | Common Stock, $1.00 par value | 1,482 | $195.4217 | $290K |
| Sale | Common Stock, $1.00 par value | 3,962 | $196.6267 | $779K |
| Sale | Common Stock, $1.00 par value | 5,611 | $197.3149 | $1.11M |
| Sale | Common Stock, $1.00 par value | 427 | $198.1193 | $85K |
| holding | Class B Common Stock, $1.00 par value | -- | -- | -- |
| holding | Common Stock, $1.00 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $1.00 par value — 1,536,119 shares (Direct);
Class B Common Stock, $1.00 par value — 54,612,012 contracts (Direct);
Common Stock, $1.00 par value — 39,630 shares (Indirect, By Hershey Trust Company)
Footnotes (9)
- F1. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $196.2100 to $196.9914, 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 $197.0000 to $197.9800, 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 $198.0086 to $198.2785, 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 $193.0673 to $193.9936, 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 $194.0085 to $194.9792, 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 $195.0259 to $195.7877, 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. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- F8. 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.
- F9. The conversion price is the market price of the Common Stock on the previous business day.
Key Figures
Shares sold: 20,000 shares
Sale price example: $198.1193 per share
Lowest reported weighted average: $193.6625 per share
+3 more
6 metrics
Shares sold
20,000 shares
Total HSY common shares sold in open-market transactions on May 28–29, 2026
Sale price example
$198.1193 per share
Weighted average price for a 427-share sale of HSY common on May 28, 2026
Lowest reported weighted average
$193.6625 per share
Weighted average price for an 1,100-share HSY common sale on May 29, 2026
Direct Class B holdings
54,612,012 shares
Class B common stock directly held, convertible share-for-share into common stock
Indirect common holdings
39,630 shares
HSY common stock held indirectly by Hershey Trust Company as of May 28, 2026
Direct common holdings (approximate)
more than 1.5 million shares
Direct HSY common holdings after reported sales, based on post-transaction entries
Key Terms
weighted average price, open-market sale, Class B common stock, convertible share-for-share, +1 more
5 terms
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class B common stock financial
"All shares of Class B common stock, $1.00 par value convertible share-for-share"
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.
ten percent owner regulatory
""is_ten_percent_owner": 1"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Hershey Trust Company report in this HSY Form 4?
Hershey Trust Company reported selling 20,000 shares of The Hershey Company common stock in open-market transactions. The trades took place over two days and were reported with weighted average prices and detailed ranges for the individual executions.
Who is the reporting person in this Hershey (HSY) insider filing?
The reporting person is Hershey Trust Company, trustee in trust for Milton Hershey School, identified as a ten percent owner of The Hershey Company. The filing covers transactions made by this trust-related entity, not by an individual executive or director.
Does Hershey Trust Company still hold a large stake in HSY after these sales?
Yes. The trust continues to report more than 1.5 million HSY common shares directly, 39,630 shares held indirectly, and 54,612,012 Class B common shares directly, which are convertible share-for-share into common stock without an expiration date.
How are the HSY sale prices described in the Hershey Trust Form 4?
For each sale line, the filing reports a weighted average price and notes the shares were sold in multiple transactions within a disclosed price range. The trust offers to provide full per-trade details to the SEC, shareholders, or the company upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
