Hershey Trust Co. Trustee in Trust for Milton Hershey School, a 10% owner of The Hershey Company (NASDAQ:HSY), executed a series of stock sales totaling 30,000 shares between July 6 and July 8, 2026. The transactions, valued at approximately $5.3 million, were distributed across three consecutive days at varying price points. This insider activity occurs amid a period of strategic leadership transitions and positive analyst revisions for the confectionery manufacturer, which currently trades at $174.41, reflecting a market capitalization of $35.4 billion. The trust retains substantial direct and indirect holdings, including a large block of convertible Class B Common Stock, following the recent divestiture.
The trust disposed of 10,000 common shares on July 6. These transactions occurred at weighted average prices between $176.8958 and $182.1806. The following day, July 7, an additional 10,000 shares were sold, with weighted average prices for these sales ranging from $175.8808 to $182.0698. On July 8, the trust completed the reported sales by disposing of another 10,000 shares at weighted average prices between $173.7964 and $177.0495. Each reported price represents a weighted average of multiple transactions within a specified price range for that particular day.
Following these sales, Hershey Trust Co. Trustee directly holds 1,276,119 shares of Hershey Co. common stock. Hershey Trust Company also indirectly holds 39,630 shares. The trust maintains a direct holding of 54,612,012 shares of Class B Common Stock, which is convertible into common stock on a one-for-one basis at any time.
On July 6, the trust disposed of 10,000 common shares. These transactions occurred at weighted average prices between $176.8958 and $182.1806. The following day, July 7, an additional 10,000 shares were sold, with weighted average prices for these sales ranging from $175.8808 to $182.0698. On July 8, the trust completed the reported sales by disposing of another 10,000 shares at weighted average prices between $173.7964 and $177.0495. Each reported price represents a weighted average of multiple transactions within a specified price range for that particular day.
Following these sales, Hershey Trust Co. Trustee directly holds 1,276,119 shares of Hershey Co. common stock. Hershey Trust Company also indirectly holds 39,630 shares. The trust maintains a direct holding of 54,612,012 shares of Class B Common Stock, which is convertible into common stock on a one-for-one basis at any time.
On July 6, the trust disposed of 10,000 common shares. These transactions occurred at weighted average prices between $176.8958 and $182.1806. The following day, July 7, an additional 10,000 shares were sold, with weighted average prices for these sales ranging from $175.8808 to $182.0698. On July 8, the trust completed the reported sales by disposing of another 10,000 shares at weighted average prices between $173.7964 and $177.0495. Each reported price represents a weighted average of multiple transactions within a specified price range for that particular day.
Following these sales, Hershey Trust Co. Trustee directly holds 1,276,119 shares of Hershey Co. common stock. Hershey Trust Company also indirectly holds 39,630 shares. The trust maintains a direct holding of 54,612,012 shares of Class B Common Stock, which is convertible into common stock on a one-for-one basis at any time.
On July 6, the trust disposed of 10,000 common shares. These transactions occurred at weighted average prices between $176.8958 and $182.1806. The following day, July 7, an additional 10,000 shares were sold, with weighted average prices for these sales ranging from $175.8808 to $182.0698. On July 8, the trust completed the reported sales by disposing of another 10,000 shares at weighted average prices between $173.7964 and $177.0495. Each reported price represents a weighted average of multiple transactions within a specified price range for that particular day.
Following these sales, Hershey Trust Co. Trustee directly holds 1,276,119 shares of Hershey Co. common stock. Hershey Trust Company also indirectly holds 39,630 shares. The trust maintains a direct holding of 54,612,012 shares of Class B Common Stock, which is convertible into common stock on a one-for-one basis at any time.
On July 6, the trust disposed of 10,000 common shares. These transactions occurred at weighted average prices between $176.8958 and $182.1806. The following day, July 7, an additional 10,000 shares were sold, with weighted average prices for these sales ranging from $175.8808 to $182.0698. On July 8, the trust completed the reported sales by disposing of another 10,000 shares at weighted average prices between $173.7964 and $177.0495. Each reported price represents a weighted average of multiple transactions within a specified price range for that particular day.
Following these sales, Hershey Trust Co. Trustee directly holds 1,276,119 shares of Hershey Co. common stock. Hershey Trust Company also indirectly holds 39,630 shares. The trust maintains a direct holding of 54,612,012 shares of Class B Common Stock, which is convertible into common stock on a one-for-one basis at any time.