HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL - 28 Sep 2026 Form 4 Insider Report for HERSHEY CO (HSY)

Reporting relationship: 10%+ Owner
Issuer ticker: HSY
Reported as of: 28 Sep 2026
Net transaction value: -$4,855,338
SEC form: 4
Accepted by SEC: 30 Sep 2026, 17:02:29 UTC
Prior SEC filing: 28 Sep 2026
Source filing: View source filing
Reporting owner signature: /s/ Joshua D. Shannon, Deputy CIO

Key filing fact

HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL filed Form 4 for HERSHEY CO (HSY) on 30 Sep 2026.

Key facts

This page summarizes HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL's Form 4 filing for HERSHEY CO (HSY).
14 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 30 Sep 2026, 17:02.

Change

Previous filing in this sequence was filed on 28 Sep 2026.
Current net transaction value: -$4,855,338.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0000938543 Primary reporting owner

HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL

Relationship: 10%+ Owner
Address: 1 EAST CHOCOLATE AVENUE, SUITE 400, HERSHEY
Signature: /s/ Joshua D. Shannon, Deputy CIO
Signature date: 30 Sep 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $682,814
Shares: -4,151
Change %: -0.58%
Price: $164.49
Shares after: 711,968
Date: 28 Sep 2026
Ownership: Direct
Footnotes: F1

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $775,264
Shares: -4,689
Change %: -0.66%
Price: $165.34
Shares after: 707,279
Date: 28 Sep 2026
Ownership: Direct
Footnotes: F2

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $193,013
Shares: -1,160
Change %: -0.16%
Price: $166.39
Shares after: 706,119
Date: 28 Sep 2026
Ownership: Direct
Footnotes: F3

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $134,952
Shares: -839
Change %: -0.12%
Price: $160.85
Shares after: 705,280
Date: 29 Sep 2026
Ownership: Direct
Footnotes: F4

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $1,179,136
Shares: -7,306
Change %: -1%
Price: $161.39
Shares after: 697,974
Date: 29 Sep 2026
Ownership: Direct
Footnotes: F5

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $198,417
Shares: -1,220
Change %: -0.17%
Price: $162.64
Shares after: 696,754
Date: 29 Sep 2026
Ownership: Direct
Footnotes: F6

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $103,687
Shares: -635
Change %: -0.09%
Price: $163.29
Shares after: 696,119
Date: 29 Sep 2026
Ownership: Direct
Footnotes: F7

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $620,655
Shares: -3,936
Change %: -0.57%
Price: $157.69
Shares after: 692,183
Date: 30 Sep 2026
Ownership: Direct
Footnotes: F8

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $436,082
Shares: -2,752
Change %: -0.4%
Price: $158.46
Shares after: 689,431
Date: 30 Sep 2026
Ownership: Direct
Footnotes: F9

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $261,162
Shares: -1,640
Change %: -0.24%
Price: $159.24
Shares after: 687,791
Date: 30 Sep 2026
Ownership: Direct
Footnotes: F10

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $56,577
Shares: -352
Change %: -0.05%
Price: $160.73
Shares after: 687,439
Date: 30 Sep 2026
Ownership: Direct
Footnotes: F11

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $143,886
Shares: -891
Change %: -0.13%
Price: $161.49
Shares after: 686,548
Date: 30 Sep 2026
Ownership: Direct
Footnotes: F12

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $66,434
Shares: -409
Change %: -0.06%
Price: $162.43
Shares after: 686,139
Date: 30 Sep 2026
Ownership: Direct
Footnotes: F13

HSY transaction

Common Stock, $1.00 par value

Sale

Transaction value: $3,260
Shares: -20
Change %: -0%
Price: $163.00
Shares after: 686,119
Date: 30 Sep 2026
Ownership: Direct

HSY holding

Common Stock, $1.00 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 39,630
Date: 28 Sep 2026
Ownership: By Hershey Trust Company
Footnotes: F14

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HSY holding Derivative

Class B Common Stock, $1.00 par value

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 54,612,012
Date: 28 Sep 2026
Ownership: Direct
Underlying class: Common Stock, $1.00 par value
Underlying amount: 54,612,012
Exercise price
Footnotes: F15, F16

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 16 footnotes

Footnote F1

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $164.3300 to $164.9900, 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.

Footnote F2

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $165.0100 to $165.9300, 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.

Footnote F3

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $166.0300 to $166.7900, 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.

Footnote F4

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $160.6538 to $160.9982, 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.

Footnote F5

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $161.0000 to $161.9453, 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.

Footnote F6

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $162.0790 to $162.9900, 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.

Footnote F7

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $163.0110 to $163.6050, 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.

Footnote F8

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $157.5325 to $157.9870, 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.

Footnote F9

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $158.0051 to $158.9972, 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.

Footnote F10

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $159.0002 to $159.9984, 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.

Footnote F11

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $160.1702 to $160.9842, 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.

Footnote F12

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $161.1047 to $161.9430, 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.

Footnote F13

The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $162.0194 to $162.9800, 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.

Footnote F14

Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.

Footnote F15

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.

Footnote F16

The conversion price is the market price of the Common Stock on the previous business day.