Hershey Trust Company Sells 27,000+ Hershey Shares in June 2026

Hershey Trust Company, trustee for the Milton Hershey School Trust and a 10% owner of The Hershey Company, filed a Form 4 disclosing significant stock sales between June 22-24, 2026. The trust sold a total of 27,000+ shares of Hershey common stock across multiple transactions at prices ranging from $167.90 to $183.56 per share. The sales reduced the trust's direct holdings from approximately 1,396,119 shares to 1,366,119 shares. Additionally, the filing reveals the trust holds 54,612,012 shares of Class B common stock that are convertible to common stock on a share-for-share basis at any time. The trust also maintains indirect ownership of 39,630 common shares through Hershey Trust Company. These transactions represent substantial selling activity by a major institutional shareholder in Hershey stock.