HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL sold 5.3% of their position (30K shares) of HERSHEY CO on the open market

Open‑market sale worth $5.04M — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 9 sales

HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL

Filed: 10/21/2026ACC: 0000950142-26-002799

InsiderHERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOLCIK 938543

→

IssuerHERSHEY COCIK 47111

10% Owner

Since Oct 2018

-30K

Net shares

Net seller

$5.04M

Total sold

Open market trades

0B · 9S

Total transactions

30K disposed

Non-Derivative Transactions9

Common Stock, $1.00 par value

Direct

S · Sale

−633.00

Price / share

$166.97

Trade value

$105.69K

% of position

0.1%

10/19/2026

566.12K→565.49K

Common Stock, $1.00 par value

Direct

S · Sale

−7.87K

Price / share

$167.22

Trade value

$1.32M

% of position

1.4%

10/19/2026

565.49K→557.62K

Common Stock, $1.00 par value

Direct

S · Sale

−732.00

Price / share

$168.53

Trade value

$123.36K

% of position

0.1%

10/19/2026

557.62K→556.89K

Common Stock, $1.00 par value

Direct

S · Sale

−770.00

Price / share

$169.64

Trade value

$130.62K

% of position

0.1%

10/19/2026

556.89K→556.12K

Common Stock, $1.00 par value

Direct

S · Sale

−7.09K

Price / share

$168.61

Trade value

$1.20M

% of position

1.3%

10/20/2026

556.12K→549.03K

Common Stock, $1.00 par value

Direct

S · Sale

−2.91K

Price / share

$169.42

Trade value

$492.85K

% of position

0.5%

10/20/2026

549.03K→546.12K

Common Stock, $1.00 par value

Direct

S · Sale

−5.64K

Price / share

$167.67

Trade value

$946.18K

% of position

1.0%

10/21/2026

546.12K→540.48K

Common Stock, $1.00 par value

Direct

S · Sale

−3.15K

Price / share

$168.50

Trade value

$531.62K

% of position

0.6%

10/21/2026

540.48K→537.32K

Common Stock, $1.00 par value

Direct

S · Sale

−1.20K

Price / share

$169.23

Trade value

$203.42K

% of position

0.2%

10/21/2026

537.32K→536.12K

Total

Net shares

−30K

Net value

-$5.04M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $1.00 par value Direct	10/19/2026	S · Sale	−633.00	$166.97	$105.69K	0.1%	566.12K	565.49K
Common Stock, $1.00 par value Direct	10/19/2026	S · Sale	−7.87K	$167.22	$1.32M	1.4%	565.49K	557.62K
Common Stock, $1.00 par value Direct	10/19/2026	S · Sale	−732.00	$168.53	$123.36K	0.1%	557.62K	556.89K
Common Stock, $1.00 par value Direct	10/19/2026	S · Sale	−770.00	$169.64	$130.62K	0.1%	556.89K	556.12K
Common Stock, $1.00 par value Direct	10/20/2026	S · Sale	−7.09K	$168.61	$1.20M	1.3%	556.12K	549.03K
Common Stock, $1.00 par value Direct	10/20/2026	S · Sale	−2.91K	$169.42	$492.85K	0.5%	549.03K	546.12K
Common Stock, $1.00 par value Direct	10/21/2026	S · Sale	−5.64K	$167.67	$946.18K	1.0%	546.12K	540.48K
Common Stock, $1.00 par value Direct	10/21/2026	S · Sale	−3.15K	$168.50	$531.62K	0.6%	540.48K	537.32K
Common Stock, $1.00 par value Direct	10/21/2026	S · Sale	−1.20K	$169.23	$203.42K	0.2%	537.32K	536.12K
Total			−30K		-$5.04M

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