HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL sold 3.9% of their position (30K shares) of HERSHEY CO on the open market

Open‑market sale worth $5.05M — a minor trim. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 9 sales

HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL

Filed: 9/23/2026ACC: 0000950142-26-002578

InsiderHERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOLCIK 938543

→

IssuerHERSHEY COCIK 47111

10% Owner

Since Oct 2018

-30K

Net shares

Net seller

$5.05M

Total sold

Open market trades

0B · 9S

Total transactions

30K disposed

Non-Derivative Transactions9

Common Stock, $1.00 par value

Direct

S · Sale

−6.43K

Price / share

$167.66

Trade value

$1.08M

% of position

0.8%

9/21/2026

766.12K→759.69K

Common Stock, $1.00 par value

Direct

S · Sale

−2.64K

Price / share

$168.39

Trade value

$444.22K

% of position

0.3%

9/21/2026

759.69K→757.05K

Common Stock, $1.00 par value

Direct

S · Sale

−730.00

Price / share

$169.19

Trade value

$123.51K

% of position

0.1%

9/21/2026

757.05K→756.32K

Common Stock, $1.00 par value

Direct

S · Sale

−200.00

Price / share

$170.10

Trade value

$34.02K

% of position

0.0%

9/21/2026

756.32K→756.12K

Common Stock, $1.00 par value

Direct

S · Sale

−7.66K

Price / share

$168.55

Trade value

$1.29M

% of position

1.0%

9/22/2026

756.12K→748.46K

Common Stock, $1.00 par value

Direct

S · Sale

−2.34K

Price / share

$169.13

Trade value

$395.42K

% of position

0.3%

9/22/2026

748.46K→746.12K

Common Stock, $1.00 par value

Direct

S · Sale

−1.30K

Price / share

$167.81

Trade value

$217.48K

% of position

0.2%

9/23/2026

746.12K→744.82K

Common Stock, $1.00 par value

Direct

S · Sale

−7.12K

Price / share

$168.49

Trade value

$1.20M

% of position

1.0%

9/23/2026

744.82K→737.70K

Common Stock, $1.00 par value

Direct

S · Sale

−1.58K

Price / share

$169.20

Trade value

$267.84K

% of position

0.2%

9/23/2026

737.70K→736.12K

Total

Net shares

−30K

Net value

-$5.05M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $1.00 par value Direct	9/21/2026	S · Sale	−6.43K	$167.66	$1.08M	0.8%	766.12K	759.69K
Common Stock, $1.00 par value Direct	9/21/2026	S · Sale	−2.64K	$168.39	$444.22K	0.3%	759.69K	757.05K
Common Stock, $1.00 par value Direct	9/21/2026	S · Sale	−730.00	$169.19	$123.51K	0.1%	757.05K	756.32K
Common Stock, $1.00 par value Direct	9/21/2026	S · Sale	−200.00	$170.10	$34.02K	0.0%	756.32K	756.12K
Common Stock, $1.00 par value Direct	9/22/2026	S · Sale	−7.66K	$168.55	$1.29M	1.0%	756.12K	748.46K
Common Stock, $1.00 par value Direct	9/22/2026	S · Sale	−2.34K	$169.13	$395.42K	0.3%	748.46K	746.12K
Common Stock, $1.00 par value Direct	9/23/2026	S · Sale	−1.30K	$167.81	$217.48K	0.2%	746.12K	744.82K
Common Stock, $1.00 par value Direct	9/23/2026	S · Sale	−7.12K	$168.49	$1.20M	1.0%	744.82K	737.70K
Common Stock, $1.00 par value Direct	9/23/2026	S · Sale	−1.58K	$169.20	$267.84K	0.2%	737.70K	736.12K
Total			−30K		-$5.05M

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