SEC Form 4 · accession 0000950142-26-002003

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

Jul 6, 2026

Accepted (ET)

Jul 8, 2026 · 5:17 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	Jul 6, 2026	S	246	$176.8958	D	1,305,873	D
Common Stock, $1.00 par value^F2	Jul 6, 2026	S	4,290	$177.5782	D	1,301,583	D
Common Stock, $1.00 par value^F3	Jul 6, 2026	S	4,109	$178.4972	D	1,297,474	D
Common Stock, $1.00 par value^F4	Jul 6, 2026	S	903	$179.4303	D	1,296,571	D
Common Stock, $1.00 par value^F5	Jul 6, 2026	S	184	$180.3125	D	1,296,387	D
Common Stock, $1.00 par value	Jul 6, 2026	S	33	$181.2181	D	1,296,354	D
Common Stock, $1.00 par value^F6	Jul 6, 2026	S	235	$182.1806	D	1,296,119	D
Common Stock, $1.00 par value^F7	Jul 7, 2026	S	2,730	$175.8808	D	1,293,389	D
Common Stock, $1.00 par value^F8	Jul 7, 2026	S	2,154	$176.3781	D	1,291,235	D
Common Stock, $1.00 par value^F9	Jul 7, 2026	S	3,349	$177.4468	D	1,287,886	D
Common Stock, $1.00 par value^F10	Jul 7, 2026	S	169	$178.4598	D	1,287,717	D
Common Stock, $1.00 par value^F11	Jul 7, 2026	S	386	$179.7341	D	1,287,331	D
Common Stock, $1.00 par value^F12	Jul 7, 2026	S	629	$180.3742	D	1,286,702	D
Common Stock, $1.00 par value^F13	Jul 7, 2026	S	525	$181.5912	D	1,286,177	D
Common Stock, $1.00 par value^F14	Jul 7, 2026	S	58	$182.0698	D	1,286,119	D
Common Stock, $1.00 par value^F15	Jul 8, 2026	S	96	$173.7964	D	1,286,023	D
Common Stock, $1.00 par value^F16	Jul 8, 2026	S	4,364	$174.446	D	1,281,659	D
Common Stock, $1.00 par value^F17	Jul 8, 2026	S	3,152	$175.497	D	1,278,507	D
Common Stock, $1.00 par value^F18	Jul 8, 2026	S	2,003	$176.3714	D	1,276,504	D
Common Stock, $1.00 par value^F19	Jul 8, 2026	S	385	$177.0495	D	1,276,119	D
Common Stock, $1.00 par value^F20	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^F22,F21	—	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 $176.7867 to $176.9923, 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 $178.0700 to $178.9700, 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.
F11The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $179.4900 to $179.9700, 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.
F12The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $180.0100 to $180.8900, 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 $181.0000 to $181.9900, 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.
F14The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $182.0200 to $182.1400, 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 $173.6883 to $173.9968, 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 $174.0348 to $174.9754, 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.
F17The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $175.0107 to $175.9921, 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.
F18The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $176.0019 to $176.9960, 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.
F19The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $177.0030 to $177.1232, 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.
F2The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $177.0042 to $177.9981, 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.
F20Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
F21All 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.
F22The conversion price is the market price of the Common Stock on the previous business day.
F3The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $178.0056 to $178.9996, 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 $179.0028 to $179.9957, 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 $180.0410 to $180.5432, 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 $182.1100 to $182.2164, 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 $175.4762 to $175.9900, 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.
F8The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $176.0000 to $176.9700, 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.
F9The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $177.0600 to $177.9700, 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.