The Milton Hershey School, an entity insider of The Hershey Company (NYSE:HSY), executed sales of 30,000 shares of common stock on July 13, 2026, and July 14, 2026. SEC Form 4 filing
Transaction value based on SEC Form 4 weighted average sale price ($172.53); post-transaction value based on July 15, 2026, market close ($170.27).
What was the execution price range for these transactions?The sale was conducted in multiple tranches, with weighted-average prices ranging from $169.44 to $177.64 per share over the two days.
What is the scale of the entity's total beneficial ownership?Beyond its ~1.3 million common shares, the firm holds ~54.6 million shares of Class B common stock, which are convertible share-for-share into common stock at any time.
How has the stock performed leading up to this transaction?As of the transaction date, the company has delivered a total return of 5% over the past year.
What is the relationship between the reporting entities?The Milton Hershey School Trust wholly owns Hershey Trust Company and serves as the trustee for the school trust, managing its significant stake in the confectioner.
The Hershey Company manufactures and distributes a comprehensive portfolio of confectionery products and salty snacks, generating revenue through three primary business segments: North America Confectionery, North America Salty Snacks, and International operations.
The company operates a vertically integrated business model encompassing manufacturing, distribution, and retail sales of branded consumer packaged goods across domestic and international markets.
Hershey's customer base includes retail channels, foodservice operators, and consumers across North America and select international markets, with particular strength in premium confectionery and salty snacks.
The Hershey Company is a leading global manufacturer of confectionery and salty snack products with a market capitalization of $34.5 billion and TTM revenues of $12.0 billion. The company leverages its iconic brand portfolio and established distribution infrastructure to maintain competitive positioning within the consumer defensive sector, serving diverse customer segments through strategically organized regional and product-focused business divisions.
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