Hershey Trust (HSY) reports 30,000-share insider stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hershey Trust Company, trustee for the Milton Hershey School Trust, reported open‑market sales of 30,000 shares of The Hershey Company common stock. The trades occurred on June 29, June 30, and July 1, 2026 at prices generally around $176 to $181 per share.
After these sales, the trust directly holds 1,316,119 shares of Hershey common stock and also has 54,612,012 shares of Class B common stock that are convertible share‑for‑share into common stock without an expiration date. The filing also notes an additional 39,630 common shares held indirectly by Hershey Trust Company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 30,000 shares ($5,360,058)
Net Sell
17 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
null
Sold
30,000 shs ($5.36M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value | 92 | $175.9719 | $16K |
| Sale | Common Stock, $1.00 par value | 82 | $176.6146 | $14K |
| Sale | Common Stock, $1.00 par value | 584 | $177.7679 | $104K |
| Sale | Common Stock, $1.00 par value | 3,876 | $178.588 | $692K |
| Sale | Common Stock, $1.00 par value | 3,956 | $179.4865 | $710K |
| Sale | Common Stock, $1.00 par value | 1,410 | $180.2666 | $254K |
| Sale | Common Stock, $1.00 par value | 38 | $174.99 | $7K |
| Sale | Common Stock, $1.00 par value | 4,493 | $175.3882 | $788K |
| Sale | Common Stock, $1.00 par value | 3,023 | $176.5843 | $534K |
| Sale | Common Stock, $1.00 par value | 1,145 | $177.3878 | $203K |
| Sale | Common Stock, $1.00 par value | 1,225 | $178.2582 | $218K |
| Sale | Common Stock, $1.00 par value | 76 | $179.18 | $14K |
| Sale | Common Stock, $1.00 par value | 3,525 | $179.6137 | $633K |
| Sale | Common Stock, $1.00 par value | 2,571 | $180.5701 | $464K |
| Sale | Common Stock, $1.00 par value | 3,904 | $181.3981 | $708K |
| 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 — 1,326,027 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)
- The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $179.0250 to $179.9870, 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 $180.0079 to $180.9744, 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 $181.0010 to $181.6000_, 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 $175.0350 to $175.9200, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $176.0800 to $176.9918, 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 $177.0225 to $177.9875, 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 $178.0200 to $178.7713, 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 $175.6092 to $175.9800, 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 $176.4500 to $176.7200, 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 $177.1804 to $177.9976, 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 $178.1029 to $178.8896, 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 $179.0004 to $179.9950, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $180.0000 to $180.7886, 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
Weighted sale prices: $175–$182 per share
Common shares held after: 1,316,119 shares
+3 more
6 metrics
Shares sold
30,000 shares
Total Hershey common stock sold June 29–July 1, 2026
Weighted sale prices
$175–$182 per share
Ranges from footnote price intervals for sale blocks
Common shares held after
1,316,119 shares
Direct Hershey common stock holding following reported sales
Indirect common holding
39,630 shares
Common stock held indirectly by Hershey Trust Company
Class B convertible shares
54,612,012 shares
Class B stock convertible 1:1 into common, no expiration
Net share change
-30,000 shares
Net sell direction from transaction summary
Key Terms
open-market sale, weighted average price, Class B common stock, ten percent owner, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for each S-coded trade"
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
"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.
ten percent owner regulatory
"is_ten_percent_owner": 1"
FAQ
What did Hershey Trust Company report in the latest HSY Form 4 filing?
The Form 4 shows Hershey Trust Company, as trustee for the Milton Hershey School Trust, sold 30,000 Hershey Co. common shares in open‑market transactions. These trades occurred over June 29 to July 1, 2026 at prices mostly between about $176 and $181 per share.
What Class B stock position tied to Hershey (HSY) does the trust disclose?
The filing lists 54,612,012 shares of Class B common stock, $1.00 par value, held directly. Each Class B share is convertible into one share of Hershey common stock at any time, with no stated expiration date and conversion based on the common stock’s prior‑day market price.
Was the Hershey (HSY) Form 4 transaction a purchase or a sale by the trust?
The Form 4 reports sales, not purchases. All listed non‑derivative transactions with a code “S” are open‑market sales of Hershey common stock, resulting in a net disposition of 30,000 shares during the June 29 to July 1, 2026 trading period disclosed in the filing.