HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL sold 1.6% of their position (20K shares) of HERSHEY CO on the open market

Open‑market sale worth $3.46M — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 14 sales

HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL

Filed: 7/20/2026ACC: 0000950142-26-002130

InsiderHERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOLCIK 938543

→

IssuerHERSHEY COCIK 47111

10% Owner

Since Oct 2018

-20K

Net shares

Net seller

$3.46M

Total sold

Open market trades

0B · 14S

Total transactions

20K disposed

Non-Derivative Transactions14

Common Stock, $1.00 par value

Direct

S · Sale

−633.00

Price / share

$171.58

Trade value

$108.61K

% of position

0.1%

7/16/2026

1.23M→1.23M

Common Stock, $1.00 par value

Direct

S · Sale

−969.00

Price / share

$172.44

Trade value

$167.10K

% of position

0.1%

7/16/2026

1.23M→1.22M

Common Stock, $1.00 par value

Direct

S · Sale

−1.82K

Price / share

$173.47

Trade value

$316.58K

% of position

0.1%

7/16/2026

1.22M→1.22M

Common Stock, $1.00 par value

Direct

S · Sale

−5.43K

Price / share

$174.61

Trade value

$947.79K

% of position

0.4%

7/16/2026

1.22M→1.22M

Common Stock, $1.00 par value

Direct

S · Sale

−979.00

Price / share

$175.47

Trade value

$171.79K

% of position

0.1%

7/16/2026

1.22M→1.22M

Common Stock, $1.00 par value

Direct

S · Sale

−166.00

Price / share

$176.19

Trade value

$29.25K

% of position

0.0%

7/16/2026

1.22M→1.22M

Common Stock, $1.00 par value

Direct

S · Sale

−181.00

Price / share

$170.94

Trade value

$30.94K

% of position

0.0%

7/17/2026

1.22M→1.22M

Common Stock, $1.00 par value

Direct

S · Sale

−6.81K

Price / share

$171.39

Trade value

$1.17M

% of position

0.6%

7/17/2026

1.22M→1.21M

Common Stock, $1.00 par value

Direct

S · Sale

−667.00

Price / share

$172.55

Trade value

$115.09K

% of position

0.1%

7/17/2026

1.21M→1.21M

Common Stock, $1.00 par value

Direct

S · Sale

−53.00

Price / share

$173.41

Trade value

$9.19K

% of position

0.0%

7/17/2026

1.21M→1.21M

Common Stock, $1.00 par value

Direct

S · Sale

−1.51K

Price / share

$174.35

Trade value

$263.97K

% of position

0.1%

7/17/2026

1.21M→1.21M

Common Stock, $1.00 par value

Direct

S · Sale

−36.00

Price / share

$175.53

Trade value

$6.32K

% of position

0.0%

7/17/2026

1.21M→1.21M

Common Stock, $1.00 par value

Direct

S · Sale

−341.00

Price / share

$176.42

Trade value

$60.16K

% of position

0.0%

7/17/2026

1.21M→1.21M

Common Stock, $1.00 par value

Direct

S · Sale

−401.00

Price / share

$177.24

Trade value

$71.07K

% of position

0.0%

7/17/2026

1.21M→1.21M

Total

Net shares

−20K

Net value

-$3.46M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $1.00 par value Direct	7/16/2026	S · Sale	−633.00	$171.58	$108.61K	0.1%	1.23M	1.23M
Common Stock, $1.00 par value Direct	7/16/2026	S · Sale	−969.00	$172.44	$167.10K	0.1%	1.23M	1.22M
Common Stock, $1.00 par value Direct	7/16/2026	S · Sale	−1.82K	$173.47	$316.58K	0.1%	1.22M	1.22M
Common Stock, $1.00 par value Direct	7/16/2026	S · Sale	−5.43K	$174.61	$947.79K	0.4%	1.22M	1.22M
Common Stock, $1.00 par value Direct	7/16/2026	S · Sale	−979.00	$175.47	$171.79K	0.1%	1.22M	1.22M
Common Stock, $1.00 par value Direct	7/16/2026	S · Sale	−166.00	$176.19	$29.25K	0.0%	1.22M	1.22M
Common Stock, $1.00 par value Direct	7/17/2026	S · Sale	−181.00	$170.94	$30.94K	0.0%	1.22M	1.22M
Common Stock, $1.00 par value Direct	7/17/2026	S · Sale	−6.81K	$171.39	$1.17M	0.6%	1.22M	1.21M
Common Stock, $1.00 par value Direct	7/17/2026	S · Sale	−667.00	$172.55	$115.09K	0.1%	1.21M	1.21M
Common Stock, $1.00 par value Direct	7/17/2026	S · Sale	−53.00	$173.41	$9.19K	0.0%	1.21M	1.21M
Common Stock, $1.00 par value Direct	7/17/2026	S · Sale	−1.51K	$174.35	$263.97K	0.1%	1.21M	1.21M
Common Stock, $1.00 par value Direct	7/17/2026	S · Sale	−36.00	$175.53	$6.32K	0.0%	1.21M	1.21M
Common Stock, $1.00 par value Direct	7/17/2026	S · Sale	−341.00	$176.42	$60.16K	0.0%	1.21M	1.21M
Common Stock, $1.00 par value Direct	7/17/2026	S · Sale	−401.00	$177.24	$71.07K	0.0%	1.21M	1.21M
Total			−20K		-$3.46M

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