Hill Gregory P.

Gregory P. Hill, serving as COO and President of E&P, has maintained a consistently one-sided insider trading posture across his recent SEC Form 4 filings, with all 37 recorded transactions concentrated in just two energy companies: Hess Corporation (HES) and Ovintiv Inc. (OVV). The aggregate data shows zero open-market purchases against approximately $18.1 million in total sell value, a pattern that holds even when isolating the most recent activity. Over the trailing period, Hill executed eight sales with no corresponding buys, though the bulk of his realized value came from a cluster of transactions on March 20, 2025, when he sold HES shares across multiple tranches totaling roughly $8.9 million. Those sales were paired with option exercises (code M) valued at about $3.7 million, suggesting the dispositions were tied to the maturation of equity compensation rather than discretionary portfolio shifts. The most recent filings, however, tell a different story. On May 21, 2026, Hill reported an award (code A) and an option exercise (code M) in OVV, both valued at zero, indicating a compensation event with no immediate cash outlay. Prior to that, on July 18, 2025, he filed six separate code D transactions in HES—sales back to the issuer—all recorded at zero dollar value, which typically reflect share surrenders or settlements rather than market sales. The only notable cash transaction in the recent window was a code F on March 6, 2025, where shares worth roughly $1.4 million were withheld to cover tax obligations on a vesting award, an automatic process that does not reflect discretionary selling. The directional bias is unambiguous: Hill has not made a single open-market purchase in either HES or OVV across the entire filing history, while executing substantial sell-side activity concentrated in HES. The March 2025 cluster, which included sales ranging from roughly $200,000 to $3.2 million, represents the clearest instance of discretionary monetization, though it was immediately preceded by option exercises that supplied the shares. The absence of recent open-market sales—the last code S occurred on March 20, 2025—combined with the zero-value compensation events in 2025 and 2026, suggests Hill’s selling activity has tapered off, leaving the overall record dominated by a historical pattern of liquidation rather than accumulation.