Form 4: Hess Corp Executive Andrew P. Slentz Reports Gift of Common Stock
SEC Form 4 Filing
Senior Vice President Andrew P. Slentz of Hess Corp reports a gift of 811 common stock shares, leaving him with 42,977 shares beneficially owned.
Summary
- On August 9, 2024, Andrew P. Slentz, a Senior Vice President at Hess Corp, reported a transaction involving the company's common stock.
- Slentz gifted 811 shares of common stock.
- Following the transaction, Slentz beneficially owns 42,977 shares of Hess Corp common stock.
- 15,072 of these shares are held in escrow under the Corporation's Long Term Incentive Plans, with Slentz having voting power but delivery contingent on continued employment.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a gift of shares by a senior executive, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: Andrew P. Slentz gifted 811 shares of Hess Corp common stock. |
| 08/12/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.