Hershey Trust sells 10,000 Hershey Co shares
Hershey Trust Company, as trustee for Milton Hershey School, reported selling 10,000 shares of The Hershey Company common stock in open-market transactions.
Rhea-AI Filing Summary
Hershey Trust Company, as trustee for Milton Hershey School, reported selling 10,000 shares of The Hershey Company common stock in open-market transactions. The sales occurred on April 2, 2026 across seven trades at weighted-average prices between about $200.97 and $206.22 per share. After these sales, the trust directly holds 1,926,119 shares of Hershey common stock. It also holds 54,612,012 shares of Class B common stock, which are convertible share-for-share into common stock with an exercise price of $0.00 and no expiration date, plus an additional 39,630 common shares held indirectly by Hershey Trust Company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
9 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
10% Owner
Sold
10,000 shs ($2.05M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value | 46 | $200.97 | $9K |
| Sale | Common Stock, $1.00 par value | 357 | $201.4323 | $72K |
| Sale | Common Stock, $1.00 par value | 1,662 | $202.5763 | $337K |
| Sale | Common Stock, $1.00 par value | 1,864 | $203.5156 | $379K |
| Sale | Common Stock, $1.00 par value | 1,729 | $204.4998 | $354K |
| Sale | Common Stock, $1.00 par value | 1,848 | $205.6385 | $380K |
| Sale | Common Stock, $1.00 par value | 2,494 | $206.217 | $514K |
| 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 — 1,926,119 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 (9)
- F1. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $201.0600 to $201.9700, 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 $202.0600 to $202.9750, 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 $203.0000 to $203.9800, 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.
- F4. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $204.0000 to $204.9800, 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.
- F5. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $205.0000 to $205.9800, 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.
- F6. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $206.0000 to $206.4300, 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. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- F8. 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.
- F9. 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 range: $200.97–$206.22 per share
Direct common shares after sale: 1,926,119 shares
+4 more
7 metrics
Shares sold
10,000 shares
Open-market sales of Hershey Co. common stock on April 2, 2026
Sale price range
$200.97–$206.22 per share
Weighted-average prices across seven sale tranches
Direct common shares after sale
1,926,119 shares
Hershey Co. common stock directly held post-transaction
Class B convertible shares
54,612,012 shares
Class B common stock, convertible 1:1 into common, exercise price $0.00
Indirect common shares
39,630 shares
Common stock held indirectly by Hershey Trust Company
Lowest reported sale price
$200.97 per share
One of the April 2, 2026 open-market sale tranches
Highest reported sale price
$206.2170 per share
One of the April 2, 2026 open-market sale tranches
Key Terms
open-market sale, weighted average price, Class B common stock, convertible share-for-share, +1 more
5 terms
open-market sale financial
"reported selling 10,000 shares of The Hershey Company common stock in open-market transactions"
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. The shares were sold in multiple 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
"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 for the Milton Hershey School Trust"
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 10,000 shares of Hershey Co. common stock. The open-market sales occurred on April 2, 2026, across several trades at different weighted-average prices around $201–$206 per share.
Who is Hershey Trust Company acting for in these HSY transactions?
Hershey Trust Company is wholly owned by Milton Hershey School Trust and serves as trustee for the Milton Hershey School Trust. The Form 4 attributes the reported Hershey Co. share sales and holdings to this trust-related entity rather than to an individual insider.
Does the HSY Form 4 mention how detailed pricing information can be obtained?
Yes. Footnotes explain that reported prices are weighted averages across multiple trades in specific ranges. Hershey Trust undertakes to provide full details on the number of shares sold at each separate price to the SEC staff, any Hershey Co. security holder, or the company upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
