HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL sold 2.5% of their position (30K shares) of HERSHEY CO on the open market

Open‑market sale worth $5.14M — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 12 sales

HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL

Filed: 7/22/2026ACC: 0000950142-26-002145

InsiderHERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOLCIK 938543

→

IssuerHERSHEY COCIK 47111

10% Owner

Since Oct 2018

-30K

Net shares

Net seller

$5.14M

Total sold

Open market trades

0B · 12S

Total transactions

30K disposed

Non-Derivative Transactions12

Common Stock, $1.00 par value

Direct

S · Sale

−18.00

Price / share

$168.84

Trade value

$3.04K

% of position

0.0%

7/20/2026

1.21M→1.21M

Common Stock, $1.00 par value

Direct

S · Sale

−1.38K

Price / share

$169.59

Trade value

$233.19K

% of position

0.1%

7/20/2026

1.21M→1.20M

Common Stock, $1.00 par value

Direct

S · Sale

−2.70K

Price / share

$170.47

Trade value

$460.79K

% of position

0.2%

7/20/2026

1.20M→1.20M

Common Stock, $1.00 par value

Direct

S · Sale

−4.45K

Price / share

$171.65

Trade value

$763.52K

% of position

0.4%

7/20/2026

1.20M→1.20M

Common Stock, $1.00 par value

Direct

S · Sale

−1.46K

Price / share

$172.17

Trade value

$250.68K

% of position

0.1%

7/20/2026

1.20M→1.20M

Common Stock, $1.00 par value

Direct

S · Sale

−1.38K

Price / share

$169.87

Trade value

$235.10K

% of position

0.1%

7/21/2026

1.20M→1.19M

Common Stock, $1.00 par value

Direct

S · Sale

−8.39K

Price / share

$170.41

Trade value

$1.43M

% of position

0.7%

7/21/2026

1.19M→1.19M

Common Stock, $1.00 par value

Direct

S · Sale

−189.00

Price / share

$171.12

Trade value

$32.34K

% of position

0.0%

7/21/2026

1.19M→1.19M

Common Stock, $1.00 par value

Direct

S · Sale

−40.00

Price / share

$172.06

Trade value

$6.88K

% of position

0.0%

7/21/2026

1.19M→1.19M

Common Stock, $1.00 par value

Direct

S · Sale

−125.00

Price / share

$170.87

Trade value

$21.36K

% of position

0.0%

7/22/2026

1.19M→1.19M

Common Stock, $1.00 par value

Direct

S · Sale

−4.08K

Price / share

$171.70

Trade value

$701.22K

% of position

0.3%

7/22/2026

1.19M→1.18M

Common Stock, $1.00 par value

Direct

S · Sale

−5.79K

Price / share

$172.29

Trade value

$997.71K

% of position

0.5%

7/22/2026

1.18M→1.18M

Total

Net shares

−30K

Net value

-$5.14M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $1.00 par value Direct	7/20/2026	S · Sale	−18.00	$168.84	$3.04K	0.0%	1.21M	1.21M
Common Stock, $1.00 par value Direct	7/20/2026	S · Sale	−1.38K	$169.59	$233.19K	0.1%	1.21M	1.20M
Common Stock, $1.00 par value Direct	7/20/2026	S · Sale	−2.70K	$170.47	$460.79K	0.2%	1.20M	1.20M
Common Stock, $1.00 par value Direct	7/20/2026	S · Sale	−4.45K	$171.65	$763.52K	0.4%	1.20M	1.20M
Common Stock, $1.00 par value Direct	7/20/2026	S · Sale	−1.46K	$172.17	$250.68K	0.1%	1.20M	1.20M
Common Stock, $1.00 par value Direct	7/21/2026	S · Sale	−1.38K	$169.87	$235.10K	0.1%	1.20M	1.19M
Common Stock, $1.00 par value Direct	7/21/2026	S · Sale	−8.39K	$170.41	$1.43M	0.7%	1.19M	1.19M
Common Stock, $1.00 par value Direct	7/21/2026	S · Sale	−189.00	$171.12	$32.34K	0.0%	1.19M	1.19M
Common Stock, $1.00 par value Direct	7/21/2026	S · Sale	−40.00	$172.06	$6.88K	0.0%	1.19M	1.19M
Common Stock, $1.00 par value Direct	7/22/2026	S · Sale	−125.00	$170.87	$21.36K	0.0%	1.19M	1.19M
Common Stock, $1.00 par value Direct	7/22/2026	S · Sale	−4.08K	$171.70	$701.22K	0.3%	1.19M	1.18M
Common Stock, $1.00 par value Direct	7/22/2026	S · Sale	−5.79K	$172.29	$997.71K	0.5%	1.18M	1.18M
Total			−30K		-$5.14M

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