Form 4: Hess Corp Director David McManus Reports Changes in Beneficial Ownership
SEC Form 4
Director David McManus reports acquiring 1,398 shares of Hess Corp common stock and disposing of 40,071 shares on March 6, 2024.
Summary
- On March 6, 2024, David McManus, a director of Hess Corp, reported a change in beneficial ownership of the company's common stock.
- McManus acquired 1,398 shares of common stock at $0 per share.
- He also disposed of 40,071 shares of common stock.
- Following these transactions, McManus directly owns 40,071 shares of Hess Corp.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. The sentiment is neither positive nor negative as it simply reflects changes in ownership.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as insider trading activity is often monitored for signals about the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction: acquisition and disposal of Hess Corp common stock. |
| 03/08/2024 | Date of signature for the report. |
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