HERSHEY CO 4

Hershey Trust Co., trustee for Milton Hershey School, sold 29,000 shares of Hershey Co. common stock in open‐market transactions totaling about $5.0 million on July 9–10, 2026.

On July 9–10, 2026, Hershey Trust Co., as trustee in trust for Milton Hershey School, reported a series of open‐market sales of The Hershey Company common stock, disposing of an aggregate 29,000 shares across eight trades at weighted average prices ranging from approximately $170.96 to $174.11 per share. These sales generated roughly $5.0 million in proceeds and reduced the direct common stock holdings reported in this Form 4 from 1,275,781 shares to 1,256,119 shares, while the filer continues to hold a very large additional position of 54,612,012 shares (via Class B common stock convertible into common on a one‑for‑one basis). The transactions were executed over two trading days in multiple tranches at narrow price ranges, which suggests planned or liquidity‑management activity by the trust rather than an abrupt change in view, and the trust remains a dominant shareholder despite the modest trim.

Filing Facts

CIK

47111

Ticker

HSY

Form

4

Source Type

sec

Accession

0000950142-26-002024

Alert Tier

7