BlackRock Portfolio Management LLC sold HESM
February 19, 2025 · Form 4 insider transaction
BlackRock Portfolio Management LLC sold 1,650,000 shares of Hess Midstream LP at $0.00 per share, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
Reflects the cancellation for no consideration of Class B Shares in connection with the conversion of the Opco Class B Units into Class A Shares.; Represents securities held by Hess Midstream GP LP. Hess Infrastructure Partners GP LLC is the sole member of Hess Midstream GP LLC, which is the general partner of Hess Midstream GP LP. Hess Infrastructure Partners GP LLC is a 50/50 joint venture between Hess Investments North Dakota LLC ("HINDL") and GIP II Blue Holding, L.P. ("Blue Holding"). As such, each of the foregoing entities may be deemed to beneficially own the securities held of record by Hess Midstream GP LP. Each such entity and BlackRock Portfolio Management LLC disclaims beneficial ownership of such securities except to the extent of their pecuniary interest therein.