Hershey Trust sells 10,000 Hershey common shares
Hershey Trust Company, as trustee for Milton Hershey School, reported open-market sales of a total of 10,000 shares of The Hershey Company common stock on June 18, 2026.
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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 a total of 10,000 shares of The Hershey Company common stock on June 18, 2026. The shares were sold in several transactions at prices between about $171.66 and $174.22 per share.
After these sales, the reporting person holds 1,396,119 shares of common stock directly and 39,630 shares indirectly through Hershey Trust Company. It also holds 54,612,012 shares of Class B common stock that are convertible share-for-share into common stock with no expiration date.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
6 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
10% Owner
Sold
10,000 shs ($1.72M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value | 2,838 | $171.6613 | $487K |
| Sale | Common Stock, $1.00 par value | 5,611 | $172.4748 | $968K |
| Sale | Common Stock, $1.00 par value | 1,220 | $173.3323 | $211K |
| Sale | Common Stock, $1.00 par value | 331 | $174.2163 | $58K |
| 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 — 1,396,119 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 (7)
- F1. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $171.2000 to $171.9920, 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 $172.0000 to $172.9900, 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.
- F3. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $173.0100 to $173.9400, 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 $174.0000 to $174.4400, 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. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- F6. 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.
- F7. The conversion price is the market price of the Common Stock on the previous business day.
Key Figures
Shares sold: 10,000 shares
Sale price (low): $171.6613/share
Sale price (high): $174.2163/share
+4 more
7 metrics
Shares sold
10,000 shares
Total Hershey common stock sold on June 18, 2026
Sale price (low)
$171.6613/share
Lowest reported per-share sale price on June 18, 2026
Sale price (high)
$174.2163/share
Highest reported per-share sale price on June 18, 2026
Common shares after
1,396,119 shares
Direct Hershey common stock holdings after transactions
Indirect common shares after
39,630 shares
Indirect Hershey common stock holdings after transactions
Class B shares
54,612,012 shares
Class B common stock, convertible 1:1 into common stock
Net share direction
10,000 net shares sold
Net change from all reported buy/sell transactions
Key Terms
open-market sale, Class B Common Stock, weighted average price, indirect ownership, +2 more
6 terms
open-market sale financial
"transaction_action": "open-market sale""
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.
Class B Common Stock financial
"security_title": "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.
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.
indirect ownership financial
"ownership_type": "indirect""
conversion price financial
"The conversion price is the market price of the Common Stock on the previous business day."
The conversion price is the fixed price at which a convertible security, like a bond or preferred stock, can be exchanged for shares of common stock. It acts like a set rate that determines how many shares an investor can receive if they choose to convert their investment. This helps investors understand the value and potential benefits of converting their securities into company shares.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Hershey Trust report for HSY on June 18, 2026?
Hershey Trust Company reported selling 10,000 shares of The Hershey Company common stock on June 18, 2026. The sales were open-market transactions executed in multiple trades at prices around the low-to-mid $170s per share, according to the Form 4 disclosure.
What is Hershey Trust’s Class B common stock position in HSY?
The Form 4 reports ownership of 54,612,012 shares of Class B common stock. Footnotes explain that each Class B share is convertible share-for-share into Hershey common stock, carries a conversion price based on the prior day’s market price, and has no expiration date.
Who is the reporting person in this Hershey (HSY) Form 4 filing?
The reporting person is Hershey Trust Company, acting as trustee in trust for Milton Hershey School. Footnotes further note that Hershey Trust Company is wholly owned by the Milton Hershey School Trust and serves as its trustee, reflecting institutional, not individual, ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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