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

Senior Vice President of Hess Corp, Andrew P. Slentz, reports acquisition and disposal of company stock on March 6th and 7th, 2024.

Summary

• Andrew P. Slentz, a Senior Vice President at Hess Corp, filed a Form 4 detailing changes in beneficial ownership of Hess Corp stock.
• On March 6, 2024, Slentz acquired 12,481 shares of common stock at $0.
• On March 7, 2024, Slentz sold 1,062 shares of common stock at $144.52 per share.
• Following these transactions, Slentz directly owns 50,215 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 of the shares and accrued dividends contingent on continued employment.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the small volume of shares involved.

Key Dates