Hershey 10% owner sells 20,000 common shares
A reported position lists 54,612,012 Class B shares, convertible share-for-share into common stock.
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Form Type
4
Rhea-AI Filing Summary
Hershey Trust Co Trustee in Trust for Milton Hershey School, identified as a 10% owner of The Hershey Company (HSY), sold 20,000 common shares in 11 transactions on October 29 and October 30, 2026, under a Rule 10b5-1 plan. Reported per-share prices ranged from $160.4505 to $165.6749; linked notes describe prices on those transactions as weighted averages.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares
Net Sell
11 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
10% Owner
Sold
20,000 shs ($3.26M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value | 75 | $161.7717 | $12K |
| Sale | Common Stock, $1.00 par value F7 | 208 | $162.1302 | $34K |
| Sale | Common Stock, $1.00 par value F8 | 260 | $163.3069 | $42K |
| Sale | Common Stock, $1.00 par value F9 | 3,883 | $164.5932 | $639K |
| Sale | Common Stock, $1.00 par value F10 | 5,574 | $165.3956 | $922K |
| Sale | Common Stock, $1.00 par value F1 | 4,952 | $160.4505 | $795K |
| Sale | Common Stock, $1.00 par value F2 | 2,126 | $161.5862 | $344K |
| Sale | Common Stock, $1.00 par value F3 | 930 | $162.3523 | $151K |
| Sale | Common Stock, $1.00 par value F4 | 1,627 | $163.4434 | $266K |
| Sale | Common Stock, $1.00 par value F5 | 300 | $164.1235 | $49K |
| Sale | Common Stock, $1.00 par value F6 | 65 | $165.6749 | $11K |
| 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 — 466,119 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 $160.0025 to $160.9892, 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 $161.0247 to $161.9740, 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 $162.0246 to $162.8751, 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 $163.0196 to $163.9461, 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 $164.0414 to $164.2196, 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 $165.6507 to $165.7223, 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 $162.0000 to $162.2100, 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 $163.1430 to $163.7818, 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 $164.0000 to $164.9950, 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.
- F10. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $165.0019 to $165.9400, 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: 20,000 shares
Reported sale price: $160.4505 per share
Reported sale price: $165.6749 per share
+2 more
5 metrics
Common shares sold
20,000 shares
Across 11 transactions on October 29 and October 30, 2026
Reported sale price
$160.4505 per share
4,952 shares sold October 29, 2026; linked note describes the price as a weighted average
Reported sale price
$165.6749 per share
65 shares sold October 29, 2026; linked note describes the price as a weighted average
Direct Class B common shares
54,612,012 shares
Reported position dated October 29, 2026
Indirect common shares
39,630 shares
Reported as held by Hershey Trust Company; position dated October 29, 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 of the Common Stock"
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.
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