Hershey Trust sells 30,000 Hershey common shares
The 54,612,012 Class B shares in the reported position are convertible share-for-share into common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Hershey Trust Company, as trustee for Milton Hershey School Trust, reported selling 30,000 shares of The Hershey Company (HSY) common stock from October 5 through October 7, 2026, across 11 transactions under a Rule 10b5-1 plan. Several reported per-share prices were weighted averages. As of October 5, 2026, the reported holdings included 54,612,012 Class B shares, convertible share-for-share into common stock, and 39,630 common shares held indirectly by Hershey Trust Company.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 30,000 shares
Net Sell
13 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
10% Owner
Sold
30,000 shs ($4.83M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value F7 | 150 | $159.941 | $24K |
| Sale | Common Stock, $1.00 par value F8 | 8,553 | $160.4549 | $1.37M |
| Sale | Common Stock, $1.00 par value F9 | 931 | $161.3735 | $150K |
| Sale | Common Stock, $1.00 par value F10 | 366 | $162.0923 | $59K |
| Sale | Common Stock, $1.00 par value F4 | 453 | $159.8309 | $72K |
| Sale | Common Stock, $1.00 par value F5 | 6,690 | $160.6229 | $1.07M |
| Sale | Common Stock, $1.00 par value F6 | 2,857 | $161.3917 | $461K |
| Sale | Common Stock, $1.00 par value | 17 | $159.89 | $3K |
| Sale | Common Stock, $1.00 par value F1 | 1,410 | $160.6589 | $227K |
| Sale | Common Stock, $1.00 par value F2 | 7,589 | $161.2825 | $1.22M |
| Sale | Common Stock, $1.00 par value F3 | 984 | $162.2316 | $160K |
| holding | Class B Common Stock, $1.00 par value F13, F12 | -- | -- | -- |
| holding | Common Stock, $1.00 par value F11 | -- | -- | -- |
Holdings After Transaction:
Common Stock, $1.00 par value — 636,119 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 (13)
- F1. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $160.0100 to $160.9900, 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.
- F2. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $161.0000 to $161.9950, 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 $162.0000 to $162.8050, 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 $159.5894 to $159.9972, 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 $160.0073 to $160.9831, 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 $161.0177 to $161.7584, 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 $159.8157 to $159.9900, 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.
- F8. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $160.0119 to $160.9974, 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 $161.0232 to $161.9890, 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 $162.0000 to $162.3408, 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. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- F12. 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.
- F13. The conversion price is the market price of the Common Stock on the previous business day.
Key Figures
Common shares sold: 30,000 shares
Weighted-average sale price: $160.4549 per share
Weighted-average sale price: $161.2825 per share
+2 more
5 metrics
Common shares sold
30,000 shares
Across 11 transactions from October 5 through October 7, 2026.
Weighted-average sale price
$160.4549 per share
For a sale of 8,553 shares on October 7, 2026.
Weighted-average sale price
$161.2825 per share
For a sale of 7,589 shares on October 5, 2026.
Class B common shares
54,612,012 shares
Reported as of October 5, 2026; convertible share-for-share into common stock.
Indirect common shares
39,630 shares
Held indirectly by Hershey Trust Company as of October 5, 2026.
Key Terms
weighted average price, Class B common stock, share-for-share, conversion price
4 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"
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"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.
