Hershey Trust sells 30,000 HSY shares in open market
Hershey Trust Company, as trustee for the Milton Hershey School Trust and a ten percent owner of Hershey Co (HSY), reported net open‑market sales of 30,000 shares of common stock.
Rhea-AI Filing Summary
Hershey Trust Company, as trustee for the Milton Hershey School Trust and a ten percent owner of Hershey Co (HSY), reported net open‑market sales of 30,000 shares of common stock. The sales took place over May 11–13, 2026 at weighted average prices between $184.5800 and $196.3826 per share, executed across multiple trades within each price range.
After these transactions, the trust directly holds 1,646,119 shares of Hershey common stock and indirectly holds 39,630 shares through Hershey Trust Company. It also directly owns 54,612,012 shares of Class B Common Stock, which are convertible share‑for‑share into common stock without an expiration date.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value | 365 | $191.4311 | $70K |
| Sale | Common Stock, $1.00 par value | 156 | $192.7998 | $30K |
| Sale | Common Stock, $1.00 par value | 2,311 | $193.6933 | $448K |
| Sale | Common Stock, $1.00 par value | 2,413 | $194.4243 | $469K |
| Sale | Common Stock, $1.00 par value | 4,289 | $195.6967 | $839K |
| Sale | Common Stock, $1.00 par value | 466 | $196.2199 | $91K |
| Sale | Common Stock, $1.00 par value | 226 | $188.9044 | $43K |
| Sale | Common Stock, $1.00 par value | 567 | $189.4672 | $107K |
| Sale | Common Stock, $1.00 par value | 551 | $190.3891 | $105K |
| Sale | Common Stock, $1.00 par value | 5,038 | $191.7512 | $966K |
| Sale | Common Stock, $1.00 par value | 3,618 | $192.2569 | $696K |
| Sale | Common Stock, $1.00 par value | 181 | $184.7428 | $33K |
| Sale | Common Stock, $1.00 par value | 1,308 | $185.7182 | $243K |
| Sale | Common Stock, $1.00 par value | 1,931 | $186.4107 | $360K |
| Sale | Common Stock, $1.00 par value | 2,137 | $187.3619 | $400K |
| Sale | Common Stock, $1.00 par value | 826 | $188.4294 | $156K |
| Sale | Common Stock, $1.00 par value | 3,617 | $189.3107 | $685K |
| holding | Class B Common Stock, $1.00 par value | -- | -- | -- |
| holding | Common Stock, $1.00 par value | -- | -- | -- |
Footnotes (20)
- F1. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $184.5800 to $184.8700, 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 $185.1300 to $185.9900, 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 $186.0124 to $186.9900, 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.
- F4. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $187.0000 to $187.9585, 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 $188.0000 to $188.9976, 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.
- F6. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $189.0987 to $189.6700, 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 $188.6700 to $188.9900, 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.
- F8. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $189.0300 to $189.9882, 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.
- F9. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $190.0090 to $190.9306, 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.
- F10. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $191.1581 to $191.9986, 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.
- F11. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $192.0000 to $192.5098, 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.
- F12. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $191.2449 to $191.9873, 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.
- F13. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $192.5409 to $192.9527, 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.
- F14. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $193.0105 to $193.9998, 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.
- F15. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $194.0000 to $194.9949, 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.
- F16. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $195.0098 to $195.9870, 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.
- F17. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $196.0029 to $196.3826, 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.
- F18. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- F19. 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.
- F20. The conversion price is the market price of the Common Stock on the previous business day.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
Class B Common Stock financial
ten percent owner financial
underlying security financial
FAQ
What did Hershey Trust Company report in this HSY Form 4 filing?
What is the significance of Hershey Class B Common Stock in this Form 4?
Is this Hershey (HSY) Form 4 mainly about new derivative exercises or existing holdings?
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