HERSHEY CO 4

Hershey Trust Company, as trustee for Milton Hershey School, sold 29,000 shares of Hershey Co. common stock in the open market over July 20–22, 2026 for roughly $5 million in total proceeds.

Hershey Trust Company, as trustee in trust for Milton Hershey School, reported a series of open-market sales of The Hershey Company common stock over three trading days from July 20–22, 2026. Across ten separate transactions, the trust sold a total of 29,000 shares at weighted average prices ranging from approximately $168.84 to $172.29 per share, generating an estimated $4.9–5.0 million in proceeds. These were discretionary sales (coded "S") from the trust’s direct holdings, leaving it with 11,761,19 shares of Hershey common stock directly owned and an additional 39,630 shares of common stock held indirectly through Hershey Trust Company, plus 54,612,012 shares of Class B common stock that are convertible one-for-one into common stock. The footnotes clarify that each reported price is a weighted average for multiple trades within tight intraday price ranges and that the Class B shares are fully and freely convertible at prevailing market prices.

Filing Facts

CIK

47111

Ticker

HSY

Form

4

Source Type

sec

Accession

0000950142-26-002145

Alert Tier

7