Hershey Trust Co (NYSE: HSY) sells 30,000 Hershey shares

Rhea-AI Filing Summary

Hershey Trust Company, as trustee for Milton Hershey School, reported open‑market sales of 30,000 shares of The Hershey Company common stock. The sales took place on June 16–17, 2026 at weighted average prices ranging from about $172.5630 to $184.2273 per share, executed in multiple trades within those ranges.

After these transactions, the reporting entity directly holds 1,415,627 shares of common stock. It also holds 54,612,012 shares of Class B common stock, which are convertible share‑for‑share into common stock without an expiration date, giving the trust a large continuing ownership position in Hershey.

Insider Trade Summary 10b5-1

Net Seller: 30,000 shares ($5,402,614)

Net Sell 22 txns

Insider HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL

Role null

Sold 30,000 shs ($5.40M)

Type	Security	Shares	Price	Value
Sale	Common Stock, $1.00 par value	492	$172.7462	$85K
Sale	Common Stock, $1.00 par value	574	$173.505	$100K
Sale	Common Stock, $1.00 par value	842	$174.7071	$147K
Sale	Common Stock, $1.00 par value	3,306	$175.43	$580K
Sale	Common Stock, $1.00 par value	818	$176.323	$144K
Sale	Common Stock, $1.00 par value	316	$177.5622	$56K
Sale	Common Stock, $1.00 par value	340	$178.5967	$61K
Sale	Common Stock, $1.00 par value	574	$179.7487	$103K
Sale	Common Stock, $1.00 par value	889	$180.3407	$160K
Sale	Common Stock, $1.00 par value	1,099	$181.4119	$199K
Sale	Common Stock, $1.00 par value	650	$182.2693	$118K
Sale	Common Stock, $1.00 par value	100	$183.0372	$18K
Sale	Common Stock, $1.00 par value	2,052	$181.7531	$373K
Sale	Common Stock, $1.00 par value	6,950	$182.4763	$1.27M
Sale	Common Stock, $1.00 par value	992	$183.427	$182K
Sale	Common Stock, $1.00 par value	6	$184.1294	$1K
Sale	Common Stock, $1.00 par value	715	$178.405	$128K
Sale	Common Stock, $1.00 par value	1,521	$179.414	$273K
Sale	Common Stock, $1.00 par value	3,015	$180.6695	$545K
Sale	Common Stock, $1.00 par value	4,749	$181.2684	$861K
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 — 1,415,627 shares (Direct, null); Class B Common Stock, $1.00 par value — 54,612,012 shares (Direct, null); Common Stock, $1.00 par value — 39,630 shares (Indirect, By Hershey Trust Company)

Footnotes (1)

1. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $178.1498 to $178.9875, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $179.0293 to $179.9800, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $180.0800 to $180.9900, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $181.0024 to $181.9464, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $181.2600 to $181.9998, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $182.0270 to $182.9979, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $183.0098 to $183.9963, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $184.0408 to $184.2273, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $172.5630 to $172.8968, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $173.0424 to $173.9970, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $174.1514 to $174.9995, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $175.0877 to $175.9947, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $176.0506 to $176.9712, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $177.2329 to $177.9873, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $178.1813 to $178.9352, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $179.0689 to $179.9729, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $180.0030 to $180.6516, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $181.0000 to $181.9970, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $182.0500 to $182.8599, 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. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust. 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. The conversion price is the market price of the Common Stock on the previous business day.

Key Figures

Shares sold: 30,000 shares Price range: $172.5630–$184.2273 per share Common shares held: 1,415,627 shares +4 more

7 metrics

Shares sold 30,000 shares Total common stock sold in open-market transactions on June 16–17, 2026

Price range $172.5630–$184.2273 per share Weighted average price ranges from footnotes for reported sales

Common shares held 1,415,627 shares Common stock directly owned after reported transactions

Class B shares held 54,612,012 shares Class B common stock, convertible share-for-share into common stock

Net share direction -30,000 shares Net-sell common stock activity in transaction summary

Highest reported sale price $184.2273 per share Upper end of disclosed weighted average range in a footnote

Lowest reported sale price $172.5630 per share Lower end of disclosed weighted average range in a footnote

Key Terms

weighted average price, Class B common stock, underlying security, 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.

Class B common stock financial

"All shares of Class B common stock, $1.00 par value convertible share-for-share into common stock..."

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.

underlying security financial

"underlying_security_title": "Common Stock, $1.00 par value""

convertible share-for-share financial

"Class B common stock, $1.00 par value convertible share-for-share into common stock..."

Milton Hershey School Trust financial

"Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee..."

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL

(Last) (First) (Middle)

1 EAST CHOCOLATE AVENUE

SUITE 400

(Street)

HERSHEY PENNSYLVANIA 17033

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HERSHEY CO [ HSY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $1.00 par value	06/15/2026		S		715	D	$178.405(1)	1,435,404	D
Common Stock, $1.00 par value	06/15/2026		S		1,521	D	$179.414(2)	1,433,883	D
Common Stock, $1.00 par value	06/15/2026		S		3,015	D	$180.6695(3)	1,430,868	D
Common Stock, $1.00 par value	06/15/2026		S		4,749	D	$181.2684(4)	1,426,119	D
Common Stock, $1.00 par value	06/16/2026		S		2,052	D	$181.7531(5)	1,424,067	D
Common Stock, $1.00 par value	06/16/2026		S		6,950	D	$182.4763(6)	1,417,117	D
Common Stock, $1.00 par value	06/16/2026		S		992	D	$183.427(7)	1,416,125	D
Common Stock, $1.00 par value	06/16/2026		S		6	D	$184.1294(8)	1,416,119	D
Common Stock, $1.00 par value	06/17/2026		S		492	D	$172.7462(9)	1,415,627	D
Common Stock, $1.00 par value	06/17/2026		S		574	D	$173.505(10)	1,415,053	D
Common Stock, $1.00 par value	06/17/2026		S		842	D	$174.7071(11)	1,414,211	D
Common Stock, $1.00 par value	06/17/2026		S		3,306	D	$175.43(12)	1,410,905	D
Common Stock, $1.00 par value	06/17/2026		S		818	D	$176.323(13)	1,410,087	D
Common Stock, $1.00 par value	06/17/2026		S		316	D	$177.5622(14)	1,409,771	D
Common Stock, $1.00 par value	06/17/2026		S		340	D	$178.5967(15)	1,409,431	D
Common Stock, $1.00 par value	06/17/2026		S		574	D	$179.7487(16)	1,408,857	D
Common Stock, $1.00 par value	06/17/2026		S		889	D	$180.3407(17)	1,407,968	D
Common Stock, $1.00 par value	06/17/2026		S		1,099	D	$181.4119(18)	1,406,869	D
Common Stock, $1.00 par value	06/17/2026		S		650	D	$182.2693(19)	1,406,219	D
Common Stock, $1.00 par value	06/17/2026		S		100	D	$183.0372	1,406,119	D
Common Stock, $1.00 par value								39,630	I	By Hershey Trust Company(20)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock, $1.00 par value	(22)							(21)	(21)	Common Stock, $1.00 par value	54,612,012		54,612,012	D

Explanation of Responses:

1. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $178.1498 to $178.9875, 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.

2. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $179.0293 to $179.9800, 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.

3. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $180.0800 to $180.9900, 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.

4. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $181.0024 to $181.9464, 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.

5. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $181.2600 to $181.9998, 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.

6. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $182.0270 to $182.9979, 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.

7. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $183.0098 to $183.9963, 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.

8. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $184.0408 to $184.2273, 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.

9. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $172.5630 to $172.8968, 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.

10. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $173.0424 to $173.9970, 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.

11. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $174.1514 to $174.9995, 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.

12. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $175.0877 to $175.9947, 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.

13. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $176.0506 to $176.9712, 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.

14. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $177.2329 to $177.9873, 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.

15. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $178.1813 to $178.9352, 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.

16. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $179.0689 to $179.9729, 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.

17. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $180.0030 to $180.6516, 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.

18. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $181.0000 to $181.9970, 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.

19. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $182.0500 to $182.8599, 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.

20. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.

21. 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.

22. The conversion price is the market price of the Common Stock on the previous business day.

	/s/ Joshua D. Shannon, Deputy CIO	06/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Hershey Trust Company report in this HSY Form 4 filing?

Hershey Trust Company, as trustee for Milton Hershey School, reported selling 30,000 shares of The Hershey Company common stock in open‑market transactions. The sales occurred over June 16–17, 2026 at various weighted average prices.

How many Hershey (HSY) shares did Hershey Trust Company sell and at what prices?

The trust sold 30,000 Hershey common shares across multiple trades. Weighted average prices disclosed in the filing range from about $172.5630 to $184.2273 per share, with detailed trade‑level prices available from the reporting person on request.

How many Hershey common shares does the trust still hold after these sales?

After the reported transactions, the trust holds 1,415,627 shares of The Hershey Company common stock directly. This figure comes from the post‑transaction ownership totals shown for the non‑derivative common stock position in the Form 4 data.

What is the significance of the Class B Common Stock held by the Hershey Trust?

The filing shows 54,612,012 shares of Class B common stock, $1.00 par value, held directly. These shares are convertible share‑for‑share into common stock at any time without an expiration date, providing substantial potential common equity exposure.

Who is the reporting person in this Hershey (HSY) Form 4 filing?

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 Milton Hershey School Trust and acts as trustee for that trust.

Were the Hershey Trust Company share sales single trades or multiple transactions?

They were multiple transactions. Footnotes state the reported prices are weighted averages, with individual trades executed within specified price ranges, and the trust offers to provide detailed trade‑level information upon request.