| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL | 10%+ Owner | 1 EAST CHOCOLATE AVENUE, SUITE 400, HERSHEY | /s/ Joshua D. Shannon, Deputy CIO | 18 Mar 2026 | 0000938543 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HSY | Common Stock, $1.00 par value | Sale | $102,715 | -470 | -0.02% | $218.54 | 2,065,649 | 16 Mar 2026 | Direct | F1 |
| transaction | HSY | Common Stock, $1.00 par value | Sale | $1,008,338 | -4,592 | -0.22% | $219.59 | 2,061,057 | 16 Mar 2026 | Direct | F2 |
| transaction | HSY | Common Stock, $1.00 par value | Sale | $1,035,107 | -4,700 | -0.23% | $220.24 | 2,056,357 | 16 Mar 2026 | Direct | F3 |
| transaction | HSY | Common Stock, $1.00 par value | Sale | $52,660 | -238 | -0.01% | $221.26 | 2,056,119 | 16 Mar 2026 | Direct | F4 |
| transaction | HSY | Common Stock, $1.00 par value | Sale | $117,055 | -543 | -0.03% | $215.57 | 2,055,576 | 17 Mar 2026 | Direct | F5 |
| transaction | HSY | Common Stock, $1.00 par value | Sale | $479,856 | -2,214 | -0.11% | $216.74 | 2,053,362 | 17 Mar 2026 | Direct | F6 |
| transaction | HSY | Common Stock, $1.00 par value | Sale | $1,537,340 | -7,068 | -0.34% | $217.51 | 2,046,294 | 17 Mar 2026 | Direct | F7 |
| transaction | HSY | Common Stock, $1.00 par value | Sale | $11,151 | -51 | -0% | $218.65 | 2,046,243 | 17 Mar 2026 | Direct | F8 |
| transaction | HSY | Common Stock, $1.00 par value | Sale | $2,194 | -10 | -0% | $219.40 | 2,046,233 | 17 Mar 2026 | Direct | |
| transaction | HSY | Common Stock, $1.00 par value | Sale | $25,164 | -114 | -0.01% | $220.73 | 2,046,119 | 17 Mar 2026 | Direct | F9 |
| holding | HSY | Common Stock, $1.00 par value | 39,630 | 16 Mar 2026 | By Hershey Trust Company | F10 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | HSY | Class B Common Stock, $1.00 par value | 54,612,012 | 16 Mar 2026 | Common Stock, $1.00 par value | 54,612,012 | Direct | F11, F12 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at a price ranging from $218.0950 to $218.9157, 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. |
| F2 | The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at a price ranging from $219.0412 to $219.9865, 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. |
| F3 | The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at a price ranging from $220.0129 to $220.9162, 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. |
| F4 | The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at a price ranging from $221.1700 to $221.3500, 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. |
| F5 | The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $215.0937 to $215.9930, 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. |
| F6 | The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at a price ranging from $216.1373 to $216.9992, 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. |
| F7 | The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at a price ranging from $217.0058 to $217.9022, 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. |
| F8 | The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at a price ranging from $218.2907 to $218.9757, 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 |
| F9 | The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $220.0301 to $220.9300, 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. |
| F10 | Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust. |
| F11 | All 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. |
| F12 | The conversion price is the market price of the Common Stock on the previous business day. |