Hershey Trust Sells 20,000 Shares for $3.4 Million
Milton Hershey School Trust maintains substantial voting power through 54.6 million convertible Class B shares despite the modest equity reduction.
Overview
Trust Co Trustee In Trust For Milton Hershey School Hershey, an entity insider of The Hershey Company (NYSE:HSY), reported a sale of 20,000 shares of common stock at $169.08 per share, according to an SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($169.08); post-transaction value based on Sept. 18, 2026, market close ($169.79).
Details
The Hershey Company is a leading global manufacturer of confectionery and snacking products with a market capitalization of $33.7 billion and TTM revenues of $12.2 billion. The company maintains a diversified product portfolio across multiple consumer segments and geographic markets, supported by established brand recognition and a robust distribution infrastructure. With 18,573 employees globally, Hershey leverages its operational scale and brand equity to sustain competitive positioning within the consumer defensive sector.
Source
Originally published at www.fool.com.