Lynch Richard D. sold HES
March 7, 2024 · Form 4 insider transaction
Lynch Richard D. sold 1,367 shares of Hess Corporation at $144.52 per share, a transaction worth $197.6K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.
Direction
Disposed (sell-side)
Shares
1,367
Price
$144.52
Total value
$197.6K
InsiderLynch Richard D.
RoleOfficer
CompanyHess Corporation (HES)
SecurityCommon Stock, $1.00 par value
Transaction codeS: Open-market sale
Transaction dateMarch 7, 2024
Filing dateMarch 8, 2024
Shares owned after42,234
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Shares sold solely to satisfy tax withholding on vesting of shares of restricted stock.; This amount includes 17,721 shares held in escrow pursuant to the Corporation's Long Term Incentive Plans. The reporting person has only voting power of these shares until lapsing of the period set by the Committee administering the Plans at which time the shares plus accrued dividends will be delivered to the reporting person if the reporting person is still an employee of the Corporation.