SEC Form 4 · accession 0000950142-26-002386

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 17, 2026

Accepted (ET)

Aug 19, 2026 · 4:48 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 17, 2026	S	2,607	$180.7205	D	1,003,512	D
Common Stock, $1.00 par value^F2	Aug 17, 2026	S	4,492	$181.188	D	999,020	D
Common Stock, $1.00 par value^F3	Aug 17, 2026	S	1,499	$182.4693	D	997,521	D
Common Stock, $1.00 par value^F4	Aug 17, 2026	S	1,362	$183.4451	D	996,159	D
Common Stock, $1.00 par value	Aug 17, 2026	S	40	$184.00	D	996,119	D
Common Stock, $1.00 par value^F5	Aug 18, 2026	S	302	$181.5043	D	995,817	D
Common Stock, $1.00 par value^F6	Aug 18, 2026	S	1,056	$182.5129	D	994,761	D
Common Stock, $1.00 par value^F7	Aug 18, 2026	S	8,184	$183.5057	D	986,577	D
Common Stock, $1.00 par value^F8	Aug 18, 2026	S	458	$184.0279	D	986,119	D
Common Stock, $1.00 par value	Aug 19, 2026	S	100	$184.65	D	986,019	D
Common Stock, $1.00 par value	Aug 19, 2026	S	80	$185.00	D	985,939	D
Common Stock, $1.00 par value^F9	Aug 19, 2026	S	1,541	$186.8151	D	984,398	D
Common Stock, $1.00 par value^F10	Aug 19, 2026	S	2,580	$187.3674	D	981,818	D
Common Stock, $1.00 par value^F11	Aug 19, 2026	S	3,673	$188.7417	D	978,145	D
Common Stock, $1.00 par value^F12	Aug 19, 2026	S	2,026	$189.2004	D	976,119	D
Common Stock, $1.00 par value^F13	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^F15,F14	—	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 $180.2650 to $180.9839, 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 $187.0000 to $187.8700, 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 $188.0500 to $188.9800, 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 $189.0000 to $189.7195, 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.
F13Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.
F14All 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.
F15The 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 $181.0000 to $181.9800, 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.
F3The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $182.0100 to $182.8917, 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 $183.0693 to $183.9400, 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 $181.3639 to $181.6600, 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.
F6The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $182.0364 to $182.9800, 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 $183.0000 to $183.9900, 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 $184.0000 to $184.0400, 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 $186.4300 to $186.9600, 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.