HERSHEY CO 4

Hershey Trust Co., as trustee for Milton Hershey School, sold 32,500 shares of Hershey Co. common stock in open-market transactions over July 13–15, 2026, for about $5.6 million in total proceeds.

Hershey Trust Co., as trustee in trust for Milton Hershey School, reported a series of open-market sales of The Hershey Company common stock over three days, July 13–15, 2026, at prices generally between about $169.78 and $177.23 per share. The trust sold an aggregate of 32,500 shares across numerous small tranches, generating estimated proceeds of roughly $5.6 million based on the reported weighted-average prices. Following these transactions, the trust’s directly held common stock position declined to 1,226,119 shares, while it also reports indirect ownership of an additional 39,630 shares held by Hershey Trust Company and a large Class B common stock position that is convertible share-for-share into common stock, for a total direct Class B and common position of 54,612,012 shares. Using the approximate $170.63 recent trading price, the directly reported 1,226,119-share common holding is worth about $209 million, and the full 54,612,012-share Class B/converted-equivalent position would be worth roughly $9.3 billion, indicating that these sales represent only a small reduction in the trust’s overall economic exposure to Hershey.

Filing Facts

CIK

47111

Ticker

HSY

Form

4

Source Type

sec

Accession

0000950142-26-002078

Alert Tier

7