Hershey Trust sells 20,000 shares October 1–2
As reported October 1, 2026, positions included 54,612,012 directly held Class B shares and 39,630 common shares held indirectly through Hershey Trust Company.
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Form Type
4
Rhea-AI Filing Summary
The Hershey Company (HSY) reported that Hershey Trust Co., trustee in trust for Milton Hershey School and reported as a 10% owner, sold 20,000 common shares directly on October 1 and October 2, 2026, under a Rule 10b5-1 plan.
On October 1, the reported sales were 83 shares at $156.7100, 462 at $157.7143, 1,866 at $158.6773, 7,494 at $159.3697, and 95 at $160.1122. On October 2, they were 166 shares at $158.8822, 3,894 at $159.4742, and 5,940 at $160.3344. Except for the 83-share sale, each listed price was a weighted average for multiple transactions. Holdings reported October 1 included 54,612,012 Class B common shares held directly and 39,630 common shares 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 ($3.19M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value F5 | 166 | $158.8822 | $26K |
| Sale | Common Stock, $1.00 par value F6 | 3,894 | $159.4742 | $621K |
| Sale | Common Stock, $1.00 par value F7 | 5,940 | $160.3344 | $952K |
| Sale | Common Stock, $1.00 par value | 83 | $156.71 | $13K |
| Sale | Common Stock, $1.00 par value F1 | 462 | $157.7143 | $73K |
| Sale | Common Stock, $1.00 par value F2 | 1,866 | $158.6773 | $296K |
| Sale | Common Stock, $1.00 par value F3 | 7,494 | $159.3697 | $1.19M |
| Sale | Common Stock, $1.00 par value F4 | 95 | $160.1122 | $15K |
| 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 — 666,119 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 $157.2400 to $157.9900, 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.
- F2. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $158.0200 to $158.9967, 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 $159.0100 to $159.9726, 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 $160.0503 to $160.1499, 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 $158.7700 to $158.9900, 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.
- F6. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $159.0000 to $159.9938, 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 $160.0141 to $160.8901, 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 for 83 shares: $156.7100 per share
Weighted-average sale price for 7,494 shares: $159.3697 per share
+3 more
6 metrics
Common shares sold
20,000 shares
Eight reported sales on October 1 and October 2, 2026
Sale price for 83 shares
$156.7100 per share
October 1, 2026
Weighted-average sale price for 7,494 shares
$159.3697 per share
October 1, 2026; multiple transactions
Weighted-average sale price for 5,940 shares
$160.3344 per share
October 2, 2026; multiple transactions
Direct Class B common shares held
54,612,012 shares
Holding reported October 1, 2026
Common shares held indirectly by Hershey Trust Company
39,630 shares
Holding reported October 1, 2026
Key Terms
Rule 10b5-1 plan, weighted average price, Class B common stock, share-for-share
4 terms
Rule 10b5-1 plan regulatory
"the reported sales were made under a Rule 10b5-1 plan"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
weighted average price financial
"the price reported for multiple sale transactions"
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 convertible 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.
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