Milton Hershey School trust sold 30,000 HSY shares for $5.3M over three days under 10b5-1 plan
Trust Co Trustee In Trust For Milton Hershey School Hershey executed 18 separate sales totaling 30,000 shares for $5,304,500.73 across June 22-24, 2026, reducing holdings by 2.1% to 1,366,119 shares. This transaction is part of a pre-arranged 10b5-1 trading plan, meaning it was scheduled and executed according to a predetermined formula rather than a discretionary decision. The sales occurred as the stock has declined 6.0% over the prior 30 days and 13.0% over 90 days, trading 23.6% below the 52-week high of $239.48. The insider holds 1.37M shares post-transaction, maintaining a substantial position in the $41.0B market-cap company with a P/E of 37.43.