SEC Form 4 · accession 0000950142-26-001868

HERSHEY CO · HSY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL

10% Owner

Period of report

Jun 22, 2026

Accepted (ET)

Jun 24, 2026 · 6:14 pm EDT

Rule 10b5-1 plan

yes — trade under a plan

Issuer CIK

0000047111

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, $1.00 par value^F1	Jun 22, 2026	S	58	$167.9612	D	1,396,061	D
Common Stock, $1.00 par value^F2	Jun 22, 2026	S	734	$168.6289	D	1,395,327	D
Common Stock, $1.00 par value^F3	Jun 22, 2026	S	515	$169.4428	D	1,394,812	D
Common Stock, $1.00 par value^F4	Jun 22, 2026	S	5,240	$170.7598	D	1,389,572	D
Common Stock, $1.00 par value^F5	Jun 22, 2026	S	1,450	$171.4983	D	1,388,122	D
Common Stock, $1.00 par value^F6	Jun 22, 2026	S	1,275	$172.3456	D	1,386,847	D
Common Stock, $1.00 par value^F7	Jun 22, 2026	S	728	$173.2904	D	1,386,119	D
Common Stock, $1.00 par value	Jun 23, 2026	S	200	$173.87	D	1,385,919	D
Common Stock, $1.00 par value^F8	Jun 23, 2026	S	1,500	$174.4607	D	1,384,419	D
Common Stock, $1.00 par value^F9	Jun 23, 2026	S	2,500	$175.5911	D	1,381,919	D
Common Stock, $1.00 par value^F10	Jun 23, 2026	S	200	$176.415	D	1,381,719	D
Common Stock, $1.00 par value^F11	Jun 23, 2026	S	300	$177.7694	D	1,381,419	D
Common Stock, $1.00 par value^F12	Jun 23, 2026	S	3,611	$178.2694	D	1,377,808	D
Common Stock, $1.00 par value	Jun 23, 2026	S	1,689	$179.27	D	1,376,119	D
Common Stock, $1.00 par value^F13	Jun 24, 2026	S	644	$180.6527	D	1,375,475	D
Common Stock, $1.00 par value^F14	Jun 24, 2026	S	2,973	$181.5494	D	1,372,502	D
Common Stock, $1.00 par value^F15	Jun 24, 2026	S	2,134	$182.549	D	1,370,368	D
Common Stock, $1.00 par value^F16	Jun 24, 2026	S	4,249	$183.1376	D	1,366,119	D
Common Stock, $1.00 par value^F17	holding	—	—		—	39,630	I	By Hershey Trust Company

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Class B Common Stock, $1.00 par value^F19,F18	—	holding	—	—	—	—	—	Common Stock, $1.00 par value	54,612,012	54,612,012	D

Explanation of responses

F1The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $167.9000 to $167.9900, 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.
F10The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $176.1700 to $176.6600, 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.
F11The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $177.4600 to $177.9800, 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.
F12The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $178.0069 to $178.5700, 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.
F13The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $180.0000 to $180.9710, 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.
F14The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $181.0075 to $181.9971, 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.
F15The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $182.0039 to $182.9846, 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.
F16The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $183.0000 to $183.5600, 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.
F17Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
F18All 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.
F19The conversion price is the market price of the Common Stock on the previous business day.
F2The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $168.0700 to $168.9900, 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.
F3The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $169.0100 to $169.9700, 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.
F4The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $170.0300 to $170.9700, 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.
F5The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $171.0000 to $171.9900, 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.
F6The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $172.0100 to $172.9800, 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.
F7The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $173.0000 to $173.6700, 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.
F8The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $174.1500 to $174.8800, 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.
F9The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $175.0650 to 175.9500, 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.