HESS CORP sold HESM

March 14, 2024 · Form 4 insider transaction

HESS CORP sold 1,059,390 shares of Hess Midstream LP at $35.50 per share, a transaction worth $37.61M. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 4 days after the transaction.

Direction
Disposed (sell-side)
Shares
1,059,390
Price
$35.50
Total value
$37.61M
InsiderHESS CORP
RoleDirector, 10% owner
SecurityOpco Class B Units
Transaction codeD: Disposition to the issuer
Transaction dateMarch 14, 2024
Filing dateMarch 18, 2024
Shares owned after84,071,940
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

The Opco Class B Units may be converted at any time into Class A Shares on a one-to-one basis and have no expiration date.; Represents securities held by HINDL. HINDL is an indirect, wholly owned subsidiary of Hess Corporation, a publicly traded company listed on the New York Stock Exchange. As a result, Hess Corporation may be deemed to beneficially own the securities held of record by HINDL and Hess Midstream GP LP. Hess Corporation disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.

View the original Form 4 on SEC EDGAR