SEC Form 4 · accession 0000950142-26-002323

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

Aug 10, 2026

Accepted (ET)

Aug 12, 2026 · 4:49 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	Aug 10, 2026	S	273	$180.7552	D	1,055,846	D
Common Stock, $1.00 par value^F2	Aug 10, 2026	S	4,158	$181.646	D	1,051,688	D
Common Stock, $1.00 par value^F3	Aug 10, 2026	S	5,569	$182.566	D	1,046,119	D
Common Stock, $1.00 par value^F4	Aug 11, 2026	S	171	$180.9802	D	1,045,948	D
Common Stock, $1.00 par value^F5	Aug 11, 2026	S	5,768	$181.7512	D	1,040,180	D
Common Stock, $1.00 par value^F6	Aug 11, 2026	S	4,061	$182.1707	D	1,036,119	D
Common Stock, $1.00 par value	Aug 12, 2026	S	30	$179.9889	D	1,036,089	D
Common Stock, $1.00 par value^F7	Aug 12, 2026	S	1,783	$180.6555	D	1,034,306	D
Common Stock, $1.00 par value^F8	Aug 12, 2026	S	596	$181.5329	D	1,033,710	D
Common Stock, $1.00 par value^F9	Aug 12, 2026	S	991	$182.2998	D	1,032,719	D
Common Stock, $1.00 par value^F10	Aug 12, 2026	S	2,274	$183.6845	D	1,030,445	D
Common Stock, $1.00 par value^F11	Aug 12, 2026	S	4,326	$184.2036	D	1,026,119	D
Common Stock, $1.00 par value^F12	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^F14,F13	—	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 $180.4832 to $180.9731, 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 $183.0213 to $183.9978, 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 $184.0200 to $184.3600, 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.
F12Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
F13All 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.
F14The 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 $181.0300 to $181.9856, 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 $182.0107 to $182.8600, 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 $180.9614 to $180.9999, 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 $181.0000 to $181.9986, 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 $182.0086 to $182.5700, 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.
F7The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $180.0615 to $180.9900, 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 $181.0100 to $181.9795, 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 $182.0335 to $182.9962, 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.