<SEC-DOCUMENT>0000950142-26-000797.txt : 20260320
<SEC-HEADER>0000950142-26-000797.hdr.sgml : 20260320
<ACCEPTANCE-DATETIME>20260320190021
ACCESSION NUMBER:		0000950142-26-000797
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20260318
FILED AS OF DATE:		20260320
DATE AS OF CHANGE:		20260320

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL
		CENTRAL INDEX KEY:			0000938543
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			PA

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-00183
		FILM NUMBER:		26779503

	BUSINESS ADDRESS:	
		STREET 1:		1 EAST CHOCOLATE AVENUE
		STREET 2:		SUITE 400
		CITY:			HERSHEY
		STATE:			PA
		ZIP:			17033
		BUSINESS PHONE:		717-520-1100

	MAIL ADDRESS:	
		STREET 1:		1 EAST CHOCOLATE AVENUE
		STREET 2:		SUITE 400
		CITY:			HERSHEY
		STATE:			PA
		ZIP:			17033

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HERSHEY CO
		CENTRAL INDEX KEY:			0000047111
		STANDARD INDUSTRIAL CLASSIFICATION:	SUGAR & CONFECTIONERY PRODUCTS [2060]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				230691590
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		19 EAST CHOCOLATE AVENUE
		STREET 2:		EXTERNAL RPTG & COMPLIANCE
		CITY:			HERSHEY
		STATE:			PA
		ZIP:			17033
		BUSINESS PHONE:		7175344200

	MAIL ADDRESS:	
		STREET 1:		19 EAST CHOCOLATE AVENUE
		STREET 2:		EXTERNAL RPTG & COMPLIANCE
		CITY:			HERSHEY
		STATE:			PA
		ZIP:			17033

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HERSHEY FOODS CORP
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HERSHEY CHOCOLATE CORP
		DATE OF NAME CHANGE:	19680401
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>es260754053_4-hsy.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
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        <issuerName>HERSHEY CO</issuerName>
        <issuerTradingSymbol>HSY</issuerTradingSymbol>
        <issuerForeignTradingSymbol></issuerForeignTradingSymbol>
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            <rptOwnerName>HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL</rptOwnerName>
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            <rptOwnerCity>HERSHEY</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>17033</rptOwnerZipCode>
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                </transactionShares>
                <transactionPricePerShare>
                    <value>216.4291</value>
                    <footnoteId id="F5"/>
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                    <value>919</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>209.5141</value>
                    <footnoteId id="F7"/>
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            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2035200</value>
                </sharesOwnedFollowingTransaction>
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            <transactionAmounts>
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                </transactionShares>
                <transactionPricePerShare>
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                <transactionPricePerShare>
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        <nonDerivativeTransaction>
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                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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                <sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
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        <nonDerivativeTransaction>
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                <value>Common Stock, $1.00 par value</value>
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                <transactionCode>S</transactionCode>
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            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>2268</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>211.5831</value>
                    <footnoteId id="F13"/>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2016170</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $1.00 par value</value>
            </securityTitle>
            <transactionDate>
                <value>2026-03-20</value>
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            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>51</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>212.0913</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2016119</value>
                </sharesOwnedFollowingTransaction>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $1.00 par value</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>39630</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Hershey Trust Company</value>
                    <footnoteId id="F14"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Class B Common Stock, $1.00 par value</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F16"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F15"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F15"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, $1.00 par value</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>54612012</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>54612012</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $212.3600 to $212.9510, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F2">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $213.0078 to $213.9454, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F3">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $214.0028 to $214.9932, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F4">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $215.0216 to $215.9988, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F5">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $216.0057 to $216.9900, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F6">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $217.1155 to $217.1351, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F7">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $209.1818 to $209.9979, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F8">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $210.0072 to $210.9856, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F9">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $211.0204 to $211.9958, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F10">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $212.0075 to $212.2400, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F11">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $209.4400 to $209.9556, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F12">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $210.0700 to $210.9700, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F13">The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at price a ranging from $211.0397 to $211.9119, inclusive. The reporting person undertakes to provide to the staff of the Securities and Exchange Commission, to any security holder of The Hershey Company, or to The Hershey Company, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.</footnote>
        <footnote id="F14">Hershey Trust Company is wholly owned by Milton Hershey School Trust and is trustee for the Milton Hershey School Trust.</footnote>
        <footnote id="F15">All shares of Class B common stock, $1.00 par value convertible share-for-share into common stock, $1.00 par value, at any time, and without payment other than for the fact of conversion. There is no expiration date.</footnote>
        <footnote id="F16">The conversion price is the market price of the Common Stock on the previous business day.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Joshua D. Shannon, Deputy CIO</signatureName>
        <signatureDate>2026-03-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
