Hershey owner Hershey Trust sells 30,000 shares
The sales were reported under a Rule 10b5-1 trading plan, and each listed price reflects a weighted average across multiple transactions.
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Form Type
4
Rhea-AI Filing Summary
The Hershey Company (HSY) ten percent owner Hershey Trust Co, trustee in trust for Milton Hershey School, sold 30,000 common shares in nine transactions from October 19 through October 21, 2026, under a Rule 10b5-1 trading plan. Reported weighted-average prices included $167.2158 for 7,865 shares on October 19 and $167.6741 for 5,643 shares on October 21; the footnotes state that each listed price averaged multiple transactions. A separate October 19, 2026 holding entry lists 54,612,012 directly held Class B shares, convertible share-for-share into common stock, and 39,630 common shares held indirectly by Hershey Trust Company.
Insider Trade Summary 10b5-1
Net Seller: 30,000 shares
Net Sell
11 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
10% Owner
Sold
30,000 shs ($5.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value F7 | 5,643 | $167.6741 | $946K |
| Sale | Common Stock, $1.00 par value F8 | 3,155 | $168.5005 | $532K |
| Sale | Common Stock, $1.00 par value F9 | 1,202 | $169.234 | $203K |
| Sale | Common Stock, $1.00 par value F5 | 7,091 | $168.6116 | $1.20M |
| Sale | Common Stock, $1.00 par value F6 | 2,909 | $169.4241 | $493K |
| Sale | Common Stock, $1.00 par value F1 | 633 | $166.9661 | $106K |
| Sale | Common Stock, $1.00 par value F2 | 7,865 | $167.2158 | $1.32M |
| Sale | Common Stock, $1.00 par value F3 | 732 | $168.5313 | $123K |
| Sale | Common Stock, $1.00 par value F4 | 770 | $169.6412 | $131K |
| holding | Class B Common Stock, $1.00 par value F12, F11 | -- | -- | -- |
| holding | Common Stock, $1.00 par value F10 | -- | -- | -- |
Holdings After Transaction:
Common Stock, $1.00 par value — 536,119 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 (12)
- F1. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $166.8580 to $166.9982, 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 $167.0000 to $167.9076, 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 $168.1553 to $168.9752, 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 $169.3478 to $169.9554, 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 $168.0900 to $168.9899, 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 $169.0300 to $169.5800, 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 $167.1300 to $167.9800, 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.
- F8. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $168.0000 to $168.9700, 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.
- F9. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $169.0300 to $169.5850, 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. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
- F11. 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.
- F12. The conversion price is the market price of the Common Stock on the previous business day.
Key Figures
Common shares sold: 30,000 shares
October 19 sale: 7,865 shares at a weighted-average $167.2158 per share
October 20 sale: 7,091 shares at a weighted-average $168.6116 per share
+2 more
5 metrics
Common shares sold
30,000 shares
Nine transactions from October 19 through October 21, 2026
October 19 sale
7,865 shares at a weighted-average $167.2158 per share
October 19, 2026
October 20 sale
7,091 shares at a weighted-average $168.6116 per share
October 20, 2026
Direct Class B common stock holding
54,612,012 shares
Holding entry dated October 19, 2026; convertible share-for-share into common stock
Indirect common stock holding
39,630 shares
Held by Hershey Trust Company; holding entry dated October 19, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B common stock, share-for-share
4 terms
Rule 10b5-1 trading plan regulatory
"under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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"
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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