Hershey Trust sells 30,000 Hershey Co. shares
Hershey Trust Company, as trustee for Milton Hershey School, reported open-market sales of 30,000 shares of Hershey Co. 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 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
Net Sell
23 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
10% Owner
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 — 1,506,119 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 (21)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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.
- F12. 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.
- F13. 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.
- F14. 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.
- F15. 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.
- F16. 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.
- F17. 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.
- F18. 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.
- F19. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- F20. 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.
- F21. 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.
Milton Hershey School Trust financial
"Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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