Hershey Trust (NYSE: HSY) trims stake with 30,000-share sale

Rhea-AI Filing Summary

Hershey Trust Company, as trustee for Milton Hershey School, reported open-market sales of 30,000 shares of Hershey Co. common stock. The sales took place on June 1–3, 2026 at prices reported between $182.63 and $192.30 per share. After these transactions, the trust holds 1,506,119 shares of common stock directly and 54,612,012 shares of Class B common stock that are convertible share-for-share into common stock.

Insider Trade Summary 10b5-1

Net Seller: 30,000 shares ($5,550,592)

Net Sell 23 txns

Insider HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL

Role null

Sold 30,000 shs ($5.55M)

Type	Security	Shares	Price	Value
Sale	Common Stock, $1.00 par value	2,521	$182.6327	$460K
Sale	Common Stock, $1.00 par value	2,579	$183.2534	$473K
Sale	Common Stock, $1.00 par value	500	$184.498	$92K
Sale	Common Stock, $1.00 par value	700	$185.5714	$130K
Sale	Common Stock, $1.00 par value	1,700	$186.4912	$317K
Sale	Common Stock, $1.00 par value	2,000	$187.5443	$375K
Sale	Common Stock, $1.00 par value	241	$182.8055	$44K
Sale	Common Stock, $1.00 par value	1,984	$183.5834	$364K
Sale	Common Stock, $1.00 par value	7,302	$184.3797	$1.35M
Sale	Common Stock, $1.00 par value	152	$185.2118	$28K
Sale	Common Stock, $1.00 par value	321	$186.5555	$60K
Sale	Common Stock, $1.00 par value	106	$183.8582	$19K
Sale	Common Stock, $1.00 par value	1,317	$184.7486	$243K
Sale	Common Stock, $1.00 par value	5,983	$185.4657	$1.11M
Sale	Common Stock, $1.00 par value	657	$186.1982	$122K
Sale	Common Stock, $1.00 par value	386	$187.5756	$72K
Sale	Common Stock, $1.00 par value	837	$188.546	$158K
Sale	Common Stock, $1.00 par value	543	$189.4448	$103K
Sale	Common Stock, $1.00 par value	51	$190.268	$10K
Sale	Common Stock, $1.00 par value	17	$191.54	$3K
Sale	Common Stock, $1.00 par value	103	$192.30	$20K
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 — 1,513,598 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 $183.7114 fo $183.9990, 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 $184.0077 $184.9989, 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 $185.0025 to $185.9900, 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 $186.0100 to $186.8377, 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 $187.1412 to $187.8224, 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 $188.0412 to $188.9558, 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 $189.1663 to $189.9900, 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 $190.0563 to $190.5877, 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 $182.3999 to $182.9964, 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 $183.0351 to $183.9849, 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 $184.0004 to $184.9800, 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 $185.0007 to $185.4379, 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 $186.4400 to $186.8600, 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 $182.3230 to $182.9100, 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 $184.1900 to $184.8500, 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 $185.0300 to $185.9500, 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 $186.0800 to $186.9800, 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 $187.0100 to $187.9200, 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 Direct common shares after sale: 1,506,119 shares Class B convertible shares: 54,612,012 shares +4 more

7 metrics

Shares sold 30,000 shares Total open-market sales over June 1–3, 2026

Direct common shares after sale 1,506,119 shares Common Stock, $1.00 par value, held directly after transactions

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

Highest reported sale price $192.3000 per share Open-market sale on June 1, 2026

Lowest reported sale price $182.6327 per share Open-market sale on June 3, 2026

Number of sale transactions 21 transactions Non-derivative open-market sales coded “S”

Net share change 30,000 shares Net-sell direction from transaction summary

Key Terms

open-market sale, weighted average price, Class B common stock, convertible share-for-share, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale" for each non-derivative common stock transaction"

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.

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.

convertible share-for-share financial

"convertible share-for-share into common stock, $1.00 par value, at any time"

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)
06/01/2026

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	06/01/2026		S		106	D	$183.8582(1)	1,536,013	D
Common Stock, $1.00 par value	06/01/2026		S		1,317	D	$184.7486(2)	1,534,696	D
Common Stock, $1.00 par value	06/01/2026		S		5,983	D	$185.4657(3)	1,528,713	D
Common Stock, $1.00 par value	06/01/2026		S		657	D	$186.1982(4)	1,528,056	D
Common Stock, $1.00 par value	06/01/2026		S		386	D	$187.5756(5)	1,527,670	D
Common Stock, $1.00 par value	06/01/2026		S		837	D	$188.546(6)	1,526,833	D
Common Stock, $1.00 par value	06/01/2026		S		543	D	$189.4448(7)	1,526,290	D
Common Stock, $1.00 par value	06/01/2026		S		51	D	$190.268(8)	1,526,239	D
Common Stock, $1.00 par value	06/01/2026		S		17	D	$191.54	1,526,222	D
Common Stock, $1.00 par value	06/01/2026		S		103	D	$192.3	1,526,119	D
Common Stock, $1.00 par value	06/02/2026		S		241	D	$182.8055(9)	1,525,878	D
Common Stock, $1.00 par value	06/02/2026		S		1,984	D	$183.5834(10)	1,523,894	D
Common Stock, $1.00 par value	06/02/2026		S		7,302	D	$184.3797(11)	1,516,592	D
Common Stock, $1.00 par value	06/02/2026		S		152	D	$185.2118(12)	1,516,440	D
Common Stock, $1.00 par value	06/02/2026		S		321	D	$186.5555(13)	1,516,119	D
Common Stock, $1.00 par value	06/03/2026		S		2,521	D	$182.6327(14)	1,513,598	D
Common Stock, $1.00 par value	06/03/2026		S		2,579	D	$183.2534	1,511,019	D
Common Stock, $1.00 par value	06/03/2026		S		500	D	$184.498(15)	1,510,519	D
Common Stock, $1.00 par value	06/03/2026		S		700	D	$185.5714(16)	1,509,819	D
Common Stock, $1.00 par value	06/03/2026		S		1,700	D	$186.4912(17)	1,508,119	D
Common Stock, $1.00 par value	06/03/2026		S		2,000	D	$187.5443(18)	1,506,119	D
Common Stock, $1.00 par value								39,630	I	By Hershey Trust Company(19)

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	(21)							(20)	(20)	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 $183.7114 fo $183.9990, 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 $184.0077 $184.9989, 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 $185.0025 to $185.9900, 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 $186.0100 to $186.8377, 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 $187.1412 to $187.8224, 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 $188.0412 to $188.9558, 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 $189.1663 to $189.9900, 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.

8. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $190.0563 to $190.5877, 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 $182.3999 to $182.9964, 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 $183.0351 to $183.9849, 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 $184.0004 to $184.9800, 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.

12. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $185.0007 to $185.4379, 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 $186.4400 to $186.8600, 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 $182.3230 to $182.9100, 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 $184.1900 to $184.8500, 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 $185.0300 to $185.9500, 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 $186.0800 to $186.9800, 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.

18. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $187.0100 to $187.9200, 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. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.

20. 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.

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

	/s/ Joshua D. Shannon, Deputy CIO	06/03/2026
	** 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 insider transaction did Hershey Trust report for HSY?

Hershey Trust Company, as trustee for Milton Hershey School, reported selling 30,000 shares of Hershey Co. common stock in open-market transactions. The sales occurred over June 1–3, 2026 at various prices around the high $180s to low $190s per share.

Over what dates did Hershey Trust sell Hershey Co. (HSY) shares?

The reported insider sales by Hershey Trust Company took place on June 1, June 2, and June 3, 2026. Across these three trading days, multiple open-market transactions were executed, together totaling 30,000 shares of Hershey Co. common stock sold.

What prices did Hershey Trust receive for the HSY shares sold?

The filing shows weighted average sale prices ranging from about $182.63 to $192.30 per share. Each line reflects shares sold in multiple trades within a disclosed price range, with the trust offering to provide detailed breakdowns on request.

How many Hershey Co. shares does Hershey Trust hold after these sales?

After the reported sales, Hershey Trust Company holds 1,506,119 shares of Hershey Co. common stock directly. It also holds 54,612,012 shares of Class B common stock that are convertible on a share-for-share basis into Hershey Co. common stock at any time.

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

The reporting person is Hershey Trust Company, acting as trustee in trust for Milton Hershey School. A footnote explains that Hershey Trust Company is wholly owned by Milton Hershey School Trust and serves as its trustee for these holdings in The Hershey Company.

What is the significance of Hershey Co. Class B common stock in this filing?

The filing notes 54,612,012 shares of Class B common stock, each convertible share-for-share into common stock without additional payment. A footnote states there is no expiration date on this conversion feature, and the conversion price is based on the common stock’s market price.