Milton Hershey School Trust Sells 30,000 Hershey Shares for $5.2 Million. Here's What Investors Should Know.
The trust maintains ~1.3 million common shares and 54.6 million Class B shares, retaining substantial voting power in the confectioner.
Overview
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).
Details
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.
Source
Originally published at www.fool.com.