BlackRock Portfolio Management LLC sold HESM
February 12, 2025 · Form 4 insider transaction
BlackRock Portfolio Management LLC sold 11,000,000 shares of Hess Midstream LP at $39.11 per share, a transaction worth $430.21M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents securities held by Blue Holding. Global Infrastructure Investors II, LLC is the sole general partner of Global Infrastructure GP II, L.P., which is the sole member of GIP Blue Holding GP, LLC, which is the general partner of Blue Holding. As such, each of the foregoing entities may be deemed to beneficially own the securities held of record by Blue Holding. Each such entity and BlackRock Portfolio Management LLC disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.