Form 4: Hess Corp COO Gregory P. Hill Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Gregory P. Hill, COO and President of E&P at Hess Corporation, reports changes in beneficial ownership of Hess Corp common stock due to stock vesting and tax obligation fulfillment.

Summary

  • On March 6, 2025, Gregory P. Hill, COO and President, E&P of Hess Corporation, reported changes in his beneficial ownership of Hess Corporation common stock.
  • He acquired 54,590 shares of common stock at $0.
  • He disposed of 9,731 shares at $143.34 to satisfy tax obligations related to the vesting of restricted stock.
  • Following these transactions, Hill directly owns 142,594 shares of Hess Corporation common stock, which includes 92,662 shares held in escrow under the Corporation's Long-Term Incentive Plans.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive stock ownership.
  • The transactions have a minor impact on the overall share structure.

Key Dates

DateDescription
03/06/2025Date of transaction: acquisition and disposal of shares.
03/10/2025Date of signature for the Form 4 filing.

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