Hershey Trust Co Trustee In Trust For Milton Hershey School files Form 144 planned sale of HSY worth $115.2MHershey Trust Co Trustee In Trust For Milton Hershey School 提交 Form 144，计划减持 好时食品集团 (HSY) $115.2M

Large Planned Sale Details

On June 17, 2026, The Hershey Company (HSY) 10% stockholder Hershey Trust Co, acting as trustee for Milton Hershey School, filed a Form 144 with the SEC disclosing a planned sale of 650,000 common shares, with an aggregate market value of $115,204,180. The proposed sale date matches the filing date of June 17, 2026. The full official filing is available at: As a long-term core owner of Hershey, this shareholder’s trading activity carries meaningful reference value for market participants tracking stock supply and sentiment.

Form 144 Filing Context

Form 144 is a required SEC notice for listed company affiliates and major stockholders outlining proposed future stock sales, and does not confirm that shares have already been sold. This filing does not immediately alter the company’s outstanding float, but provides advance warning of potential future selling pressure in the public market.

Supporting Market Context

Public trading data shows the same Hershey Trust Co completed multiple small share sales on June 15, 2026, totaling approximately 13,778 shares, with each individual transaction under 6,000 shares—far smaller than the current planned sale. On the same June 17 filing date, three Hershey directors also submitted Form 4 filings for vested equity awards, with each transaction involving fewer than 200 shares, a negligible scale compared to the 650,000-share planned sale. Additionally, as of December 31, 2025, institutional investors held roughly 62.6% of Hershey’s float, and analyst ratings remained broadly neutral-to-optimistic in early June 2026, with only a slight reduction in hold (H) ratings since the start of the month.

What This Signal Does Not Prove

1. That the planned sale will be fully executed, as the shareholder may adjust the sale size or cancel the transaction entirely;

2. That the sale reflects a negative view of Hershey’s fundamentals, as the transaction could stem from routine asset diversification or liquidity needs;

3. That this filing constitutes investment advice, or that it will directly drive short-term stock price movement.