The Hershey Trust Co., acting as trustee for the Milton Hershey School, has filed 802 Form 4 transactions, all in a single company: Hershey Co. (HSY). The aggregate figures show a pronounced sell bias. Total open-market sales reached $296,687,664.18, while open-market purchases totaled just $28,801,213.33. There were no acquisitions through grants or option exercises in the data set.
The recent activity, covering the last five trading days from October 29 through November 4, 2026, consists entirely of 25 open-market sales. No purchases were recorded in that window. The daily values vary widely, from small transactions near $10,768.87 to larger blocks exceeding $1.25 million. On November 4 alone, the trust executed six sales totaling roughly $1.74 million, with the largest single trade at $1,147,532.78. November 3 saw five sales worth about $1.67 million, and November 2 had six sales totaling approximately $1.70 million.
The pattern is consistent: the trust is a steady seller of HSY shares, with no recent buying to offset the outflow. The transaction sizes suggest routine portfolio management rather than a single block liquidation, but the direction is unambiguous. Over the full filing history, sales outnumber purchases by more than ten to one in dollar terms.
AI-assisted summary