Hershey Trust sells 20,000 Hershey Co shares
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Form Type
4
Rhea-AI Filing Summary
Hershey Trust Company, as trustee for Milton Hershey School and a more than 10% owner of Hershey Co (HSY), reported open-market sales of 20,000 shares of common stock on 6–7 August 2026 at prices around $180–$183 per share, pursuant to a Rule 10b5-1 trading plan. The reported per-share prices are weighted averages for multiple trades within stated intraday ranges. The filer continues to report direct ownership of 54,612,012 shares of Class B common stock, which are convertible share-for-share into common stock without expiration, and 39,630 shares of common stock held indirectly by Hershey Trust Company.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares
Net Sell
10 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
10% Owner
Sold
20,000 shs ($3.64M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value F5 | 54 | $181.9003 | $10K |
| Sale | Common Stock, $1.00 par value F6 | 6,858 | $182.5711 | $1.25M |
| Sale | Common Stock, $1.00 par value F7 | 3,088 | $183.2356 | $566K |
| Sale | Common Stock, $1.00 par value F1 | 300 | $179.8487 | $54K |
| Sale | Common Stock, $1.00 par value F2 | 1,895 | $180.5245 | $342K |
| Sale | Common Stock, $1.00 par value F3 | 4,012 | $181.4737 | $728K |
| Sale | Common Stock, $1.00 par value F4 | 2,048 | $182.4035 | $374K |
| Sale | Common Stock, $1.00 par value | 1,745 | $183.02 | $319K |
| holding | Class B Common Stock, $1.00 par value F10, F9 | -- | -- | -- |
| holding | Common Stock, $1.00 par value F8 | -- | -- | -- |
Holdings After Transaction:
Common Stock, $1.00 par value — 1,056,119 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 (10)
- F1. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $179.7000 to $179.9500, 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.
- F2. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $180.0700 to $180.9978, 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 $181.0000 to $181.9945, 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 $182.0020 to $182.9500, 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.
- F5. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $181.8259 to $181.9622, 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 $182.1100 to $182.9988, 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 $183.0033 to $183.8388, 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. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- F9. 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.
- F10. The conversion price is the market price of the Common Stock on the previous business day.
Key Figures
Common shares sold: 20,000 shares
Sale price range (example): $179.8487–$183.2356 per share
Direct Class B holdings: 54,612,012 shares
+2 more
5 metrics
Common shares sold
20,000 shares
Total HSY common stock sold on 2026-08-06 and 2026-08-07
Sale price range (example)
$179.8487–$183.2356 per share
Reported weighted-average prices across the eight sale transactions
Direct Class B holdings
54,612,012 shares
Class B common stock convertible share-for-share into common, no expiration
Indirect common holdings
39,630 shares
Common stock held indirectly, nature of ownership: By Hershey Trust Company
Reported sell transactions
8 transactions
Non-derivative open-market sales of HSY common stock
Key Terms
weighted average price, Class B common stock, convertible share-for-share
3 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"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HERSHEY CO (HSY) disclose in this Form 4 by Hershey Trust Company?
Hershey Trust Company, as trustee for Milton Hershey School, sold 20,000 HSY common shares in open-market transactions on 6–7 August 2026 at weighted-average prices near $180–$183 per share under a Rule 10b5-1 trading plan.
Who is the reporting person in this HSY Form 4 and what is their role?
The reporting person is Hershey Trust Company, trustee in trust for Milton Hershey School, identified as a more than 10% owner of Hershey Co. It files ownership changes on behalf of the trust associated with Milton Hershey School.
Were the recent HSY stock sales made under a trading plan?
Yes. The Form 4 indicates the transactions were effected under a Rule 10b5-1 trading plan, meaning the sales followed a pre-established written plan rather than discretionary, real-time trading decisions by the reporting person.
What HSY Class B common stock holdings does the filer report?
The filer reports direct holdings of 54,612,012 shares of Class B common stock, each share convertible share-for-share into common stock at any time. Footnotes state there is no expiration date and the conversion price is the common stock’s prior-business-day market price.
What indirect HERSHEY CO (HSY) common stock holdings are disclosed?
The Form 4 shows 39,630 shares of HSY common stock held indirectly, with the nature of ownership noted as “By Hershey Trust Company.” A footnote explains Hershey Trust Company is wholly owned by the Milton Hershey School Trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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