Hershey Trust (NYSE: HSY) trims stake with 20,000-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hershey Trust Company, as trustee for Milton Hershey School, reported open‑market sales of 20,000 shares of The Hershey Company common stock. The sales occurred on March 23 and 24, 2026 in multiple transactions at per‑share prices including $210.7621 and $217.0683, reported as weighted averages within stated ranges.
After these transactions, the reporting person directly holds 1,996,119 shares of Hershey common stock. It also directly holds 54,612,012 shares of Class B common stock, which are convertible share‑for‑share into common stock with no expiration, and indirectly holds 39,630 common shares through Hershey Trust Company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 20,000 shares ($4,306,897)
Net Sell
14 txns
Insider
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
Role
10% Owner
Sold
20,000 shs ($4.31M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $1.00 par value | 451 | $213.6674 | $96K |
| Sale | Common Stock, $1.00 par value | 713 | $214.4196 | $153K |
| Sale | Common Stock, $1.00 par value | 4,247 | $215.386 | $915K |
| Sale | Common Stock, $1.00 par value | 4,192 | $216.5671 | $908K |
| Sale | Common Stock, $1.00 par value | 397 | $217.0683 | $86K |
| Sale | Common Stock, $1.00 par value | 146 | $210.7621 | $31K |
| Sale | Common Stock, $1.00 par value | 248 | $211.4102 | $52K |
| Sale | Common Stock, $1.00 par value | 263 | $212.5024 | $56K |
| Sale | Common Stock, $1.00 par value | 517 | $213.6101 | $110K |
| Sale | Common Stock, $1.00 par value | 2,266 | $214.5993 | $486K |
| Sale | Common Stock, $1.00 par value | 6,150 | $215.3591 | $1.32M |
| Sale | Common Stock, $1.00 par value | 410 | $216.1361 | $89K |
| holding | Class B Common Stock, $1.00 par value | -- | -- | -- |
| holding | Common Stock, $1.00 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $1.00 par value — 2,005,668 shares (Direct);
Class B Common Stock, $1.00 par value — 54,612,012 shares (Direct);
Common Stock, $1.00 par value — 39,630 shares (Indirect, By Hershey Trust Company)
Footnotes (1)
- The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $210.5000 to $210.9700, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $211.0200 to $211.8800, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $212.0900 to $212.9900, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $213.0700 to $213.9450, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $214.0400 to $214.9900, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $215.0000 to $215.9900, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $216.0000 to $216.3900, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $213.3050 to $213.8000, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $214.0050 to $214.8400, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $215.1400 to $215.9700, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $216.0200 to $216.9300, 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. The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $217.0100 to $217.1500, 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. Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust. 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. The conversion price is the market price of the Common Stock on the previous business day.
FAQ
What insider transaction did Hershey Trust report for HSY in this Form 4?
Hershey Trust Company, as trustee for Milton Hershey School, reported selling 20,000 shares of The Hershey Company common stock. The sales took place in open‑market transactions on March 23 and 24, 2026, at various weighted‑average prices around the low‑$210s per share.
What is the Class B common stock position mentioned in the Hershey HSY Form 4?
The filing shows Hershey Trust directly owns 54,612,012 shares of Class B common stock with a $1.00 par value. Footnotes state each Class B share is convertible on a share‑for‑share basis into common stock at any time, with no expiration and no payment other than for the act of conversion.
Who is the reporting person in the latest Hershey Co HSY insider filing?
The reporting person is Hershey Trust Company as trustee in trust for Milton Hershey School. A footnote explains Hershey Trust Company is wholly owned by Milton Hershey School Trust and acts as trustee, underscoring that the transactions relate to the trust’s holdings rather than an individual executive.