Form 4: Hess Corp Executive Reports Stock Transactions
SEC Form 4 Filing
Richard D. Lynch, a Senior Vice President at Hess Corporation, reports the acquisition and disposal of company stock on March 6, 2025.
Summary
- Richard D. Lynch, a Senior Vice President of Hess Corporation, filed a Form 4 detailing changes in beneficial ownership of Hess Corp stock.
- On March 6, 2025, Mr. Lynch acquired 15,383 shares of common stock at $0 and disposed of 2,752 shares at $143.34 to cover tax obligations.
- Following these transactions, Mr. Lynch beneficially owns 60,843 shares of Hess Corp common stock, including 26,114 shares held in escrow under the company's Long Term Incentive Plans.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with company performance.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of stock acquisition and disposal transactions. |
| 03/10/2025 | Date of signature on the Form 4 filing. |
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