Hershey Trust Company Sells 19,000+ Hershey Company Shares in June 2026

Hershey Trust Company, trustee for the Milton Hershey School Trust and a greater than 10% owner of The Hershey Company (HSY), filed a Form 4 disclosing significant stock sales in June 2026. The trust sold 19,000+ shares of Hershey common stock across multiple transactions on June 25-26, 2026, at weighted average prices ranging from $176.75 to $181.31 per share. The sales reduced the trust's direct holdings from approximately 1.36 million to 1.35 million shares. Additionally, the trust holds 54.6 million shares of convertible Class B common stock that can be converted to common stock at market price. The filing represents routine portfolio management by the trust, which remains a major shareholder with substantial indirect holdings through convertible securities.