Form 4: Hess Corp Executive Andrew P. Slentz Reports Stock Transaction

Senior Vice President of Hess Corp, Andrew P. Slentz, reports the acquisition of 1,500 shares of common stock through a gift.

Summary

• Andrew P. Slentz, a Senior Vice President at Hess Corp, reported a transaction involving the company's common stock.
• On November 12, 2024, Mr. Slentz acquired 1,500 shares of Hess Corp common stock as a gift.
• The shares were acquired at a price of $0.
• Following the transaction, Mr. Slentz beneficially owns 41,477 shares of Hess Corp common stock.
• This total includes 15,072 shares held in escrow under the company's Long Term Incentive Plans, for which he has voting rights but will only receive the shares and accrued dividends upon vesting if still employed by the company.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of an insider transaction, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the stock ownership of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The reporting requirements are consistent across all companies listed on the SEC.

Stakeholder Impact

• This transaction provides transparency to shareholders regarding the stock ownership of a company executive.

Key Dates

Keywords

Hess Corp, insider trading, stock transaction, beneficial ownership, Form 4, Andrew P. Slentz, equity securities, Long Term Incentive Plans