HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL sold 1.8% of their position (30K shares) of HERSHEY CO on the open market

Open‑market sale worth $5.75M — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 17 sales

HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL

Filed: 5/20/2026ACC: 0000950142-26-001461

InsiderHERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOLCIK 938543

→

IssuerHERSHEY COCIK 47111

10% Owner

Since Oct 2018

-30K

Net shares

Net seller

$5.75M

Total sold

Open market trades

0B · 17S

Total transactions

30K disposed

Non-Derivative Transactions17

Common Stock, $1.00 par value

Direct

S · Sale

−237.00

Price / share

$186.74

Trade value

$44.26K

% of position

0.0%

5/18/2026

1.63M→1.63M

Common Stock, $1.00 par value

Direct

S · Sale

−257.00

Price / share

$187.32

Trade value

$48.14K

% of position

0.0%

5/18/2026

1.63M→1.63M

Common Stock, $1.00 par value

Direct

S · Sale

−380.00

Price / share

$188.71

Trade value

$71.71K

% of position

0.0%

5/18/2026

1.63M→1.63M

Common Stock, $1.00 par value

Direct

S · Sale

−2.12K

Price / share

$189.59

Trade value

$401.94K

% of position

0.1%

5/18/2026

1.63M→1.62M

Common Stock, $1.00 par value

Direct

S · Sale

−1.50K

Price / share

$190.34

Trade value

$285.88K

% of position

0.1%

5/18/2026

1.62M→1.62M

Common Stock, $1.00 par value

Direct

S · Sale

−5.50K

Price / share

$191.46

Trade value

$1.05M

% of position

0.3%

5/18/2026

1.62M→1.62M

Common Stock, $1.00 par value

Direct

S · Sale

−171.00

Price / share

$190.64

Trade value

$32.60K

% of position

0.0%

5/19/2026

1.62M→1.62M

Common Stock, $1.00 par value

Direct

S · Sale

−192.00

Price / share

$191.38

Trade value

$36.74K

% of position

0.0%

5/19/2026

1.62M→1.62M

Common Stock, $1.00 par value

Direct

S · Sale

−3.33K

Price / share

$192.73

Trade value

$642.36K

% of position

0.2%

5/19/2026

1.62M→1.61M

Common Stock, $1.00 par value

Direct

S · Sale

−3.65K

Price / share

$193.45

Trade value

$705.52K

% of position

0.2%

5/19/2026

1.61M→1.61M

Common Stock, $1.00 par value

Direct

S · Sale

−2.19K

Price / share

$194.53

Trade value

$425.82K

% of position

0.1%

5/19/2026

1.61M→1.61M

Common Stock, $1.00 par value

Direct

S · Sale

−468.00

Price / share

$195.45

Trade value

$91.47K

% of position

0.0%

5/19/2026

1.61M→1.61M

Common Stock, $1.00 par value

Direct

S · Sale

−530.00

Price / share

$188.73

Trade value

$100.02K

% of position

0.0%

5/20/2026

1.61M→1.61M

Common Stock, $1.00 par value

Direct

S · Sale

−889.00

Price / share

$189.62

Trade value

$168.57K

% of position

0.1%

5/20/2026

1.61M→1.60M

Common Stock, $1.00 par value

Direct

S · Sale

−4.93K

Price / share

$190.76

Trade value

$941.38K

% of position

0.3%

5/20/2026

1.60M→1.60M

Common Stock, $1.00 par value

Direct

S · Sale

−3.56K

Price / share

$191.27

Trade value

$680.15K

% of position

0.2%

5/20/2026

1.60M→1.60M

Common Stock, $1.00 par value

Direct

S · Sale

−90.00

Price / share

$192.12

Trade value

$17.29K

% of position

0.0%

5/20/2026

1.60M→1.60M

Total

Net shares

−30K

Net value

-$5.75M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $1.00 par value Direct	5/18/2026	S · Sale	−237.00	$186.74	$44.26K	0.0%	1.63M	1.63M
Common Stock, $1.00 par value Direct	5/18/2026	S · Sale	−257.00	$187.32	$48.14K	0.0%	1.63M	1.63M
Common Stock, $1.00 par value Direct	5/18/2026	S · Sale	−380.00	$188.71	$71.71K	0.0%	1.63M	1.63M
Common Stock, $1.00 par value Direct	5/18/2026	S · Sale	−2.12K	$189.59	$401.94K	0.1%	1.63M	1.62M
Common Stock, $1.00 par value Direct	5/18/2026	S · Sale	−1.50K	$190.34	$285.88K	0.1%	1.62M	1.62M
Common Stock, $1.00 par value Direct	5/18/2026	S · Sale	−5.50K	$191.46	$1.05M	0.3%	1.62M	1.62M
Common Stock, $1.00 par value Direct	5/19/2026	S · Sale	−171.00	$190.64	$32.60K	0.0%	1.62M	1.62M
Common Stock, $1.00 par value Direct	5/19/2026	S · Sale	−192.00	$191.38	$36.74K	0.0%	1.62M	1.62M
Common Stock, $1.00 par value Direct	5/19/2026	S · Sale	−3.33K	$192.73	$642.36K	0.2%	1.62M	1.61M
Common Stock, $1.00 par value Direct	5/19/2026	S · Sale	−3.65K	$193.45	$705.52K	0.2%	1.61M	1.61M
Common Stock, $1.00 par value Direct	5/19/2026	S · Sale	−2.19K	$194.53	$425.82K	0.1%	1.61M	1.61M
Common Stock, $1.00 par value Direct	5/19/2026	S · Sale	−468.00	$195.45	$91.47K	0.0%	1.61M	1.61M
Common Stock, $1.00 par value Direct	5/20/2026	S · Sale	−530.00	$188.73	$100.02K	0.0%	1.61M	1.61M
Common Stock, $1.00 par value Direct	5/20/2026	S · Sale	−889.00	$189.62	$168.57K	0.1%	1.61M	1.60M
Common Stock, $1.00 par value Direct	5/20/2026	S · Sale	−4.93K	$190.76	$941.38K	0.3%	1.60M	1.60M
Common Stock, $1.00 par value Direct	5/20/2026	S · Sale	−3.56K	$191.27	$680.15K	0.2%	1.60M	1.60M
Common Stock, $1.00 par value Direct	5/20/2026	S · Sale	−90.00	$192.12	$17.29K	0.0%	1.60M	1.60M
Total			−30K		-$5.75M

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)1

Common Stock, $1.00 par value

Indirect

Shares owned39.63K

Total

39.63K indirect39.63K

Security Title	Shares Owned	Ownership Type
Common Stock, $1.00 par value	39.63K	Indirect
Total	39.63K	39.63K indirect

Derivative Holdings (Post-Transaction)1

Class B Common Stock, $1.00 par value

Direct

Underlying security

Common Stock, $1.00 par value

Underlying shares

54.61M

Shares owned

54.61M

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

54.61M

Owned

54.61M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Class B Common Stock, $1.00 par value Direct	Common Stock, $1.00 par value		—	—	54.61M	54.61M
Total					54.61M	54.61M