Hershey Trust sells 10,000 Hershey Co. shares
Hershey Trust Company, as trustee for Milton Hershey School, reported open‑market sales of The Hershey Company common stock.
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Form Type
4
Rhea-AI Filing Summary
Hershey Trust Company, as trustee for Milton Hershey School, reported open‑market sales of The Hershey Company common stock. On July 2, 2026, it sold a total of 10,000 shares of common stock in four transactions at weighted average prices between $179.6607 and $182.1779 per share. The filing also shows a large position in Class B common stock that is convertible share‑for‑share into common stock, covering 54,612,012 underlying common shares with no stated expiration.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
6 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
10% Owner
Sold
10,000 shs ($1.81M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value | 2,006 | $179.6607 | $360K |
| Sale | Common Stock, $1.00 par value | 1,339 | $180.5071 | $242K |
| Sale | Common Stock, $1.00 par value | 3,467 | $181.6432 | $630K |
| Sale | Common Stock, $1.00 par value | 3,188 | $182.1779 | $581K |
| 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 — 1,306,119 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 (7)
- F1. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $179.2630 to $179.9937, 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 $180.0039 to $180.9991, 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 $181.0132 to $181.9900, 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.
- F4. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $182.0002 to $182.9564, 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. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- F6. 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.
- F7. The conversion price is the market price of the Common Stock on the previous business day.
Key Figures
Common shares sold: 10,000 shares
Sale price (highest weighted average): $182.1779 per share
Sale price (lowest weighted average): $179.6607 per share
+2 more
5 metrics
Common shares sold
10,000 shares
Open-market sales on July 2, 2026
Sale price (highest weighted average)
$182.1779 per share
Common Stock, $1.00 par value
Sale price (lowest weighted average)
$179.6607 per share
Common Stock, $1.00 par value
Underlying shares from Class B stock
54,612,012 shares
Class B Common Stock convertible share-for-share
Number of sale transactions
4 transactions
Non-derivative open-market sales, code S
Key Terms
weighted average price, Class B common stock, convertible share-for-share, conversion price, +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.
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.
conversion price financial
"The conversion price is the market price of the Common Stock on the previous business day."
The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Hershey Trust report in this HSY Form 4?
Hershey Trust Company reported selling 10,000 shares of Hershey Co. common stock. The sales occurred in four open‑market transactions on July 2, 2026 at weighted average prices around $180–$182 per share, according to the Form 4 filing.
Who is the reporting person on this Hershey (HSY) Form 4?
The reporting person is Hershey Trust Company, trustee in trust for Milton Hershey School. A footnote explains that Hershey Trust Company is wholly owned by the Milton Hershey School Trust and acts as trustee for that trust in holding these securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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