Hershey Trust Co., 10% owner, sells $5.04m in Hershey Co. stock

Hershey Trust Co., a 10% owner and director of The Hershey Company, sold $5.04 million worth of common stock in the company over three days between October 19 and October 21, 2026. The transactions occurred at weighted average prices of $166.9661 to $169.6412 per share, with individual shares selling from $166.8580 to $169.9554.

The stock currently trades at $167.81, lower than its fair value estimate. After the sales, Hershey Trust Co. now holds 536,119 shares directly and an additional 39,630 shares indirectly. The trust also owns 54.612 million shares of Class B Common Stock, which can be converted into common stock on a one-to-one basis and have no expiration date. The company offers a 3.42% dividend yield, with 56 consecutive years of dividend payments.