Corporate stock transactions reported in recent SEC filings

Several notable corporate stock transactions and ownership changes were reported in recent SEC filings.

The Hershey Trust Company, acting as trustee for the Milton Hershey School Trust, sold 20,000 shares of The Hershey Company at an average price of $169.08, totaling approximately $3.4 million. This sale represents about 3% of the entity's directly held common stock.

Patterson-UTI Energy CEO William Andrew Hendricks Jr. reduced his position by 10.91% through the sale of 250,000 shares. The transaction, valued at approximately $2.98 million, was executed under a pre-arranged Rule 10b5-1 trading plan.

In the semiconductor sector, State Street Corp increased its stake in Microchip Technology Incorporated by 2.9% during the second quarter, bringing its total position to over $2.63 billion.

Additionally, ChargePoint Holdings, Inc. insider Jagdeep Singh sold 5,965 shares at an average price of $9.86 to cover tax withholding obligations related to equity award vesting.