Form 4: Hess Corp Executive Richard D. Lynch Reports Stock Transactions
SEC Form 4 Filing
Richard D. Lynch, a Senior Vice President at Hess Corporation, reported the acquisition and disposition of company stock on March 6th and 7th, 2024.
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, 2024, Lynch acquired 14,683 shares of common stock at $0.
- On March 7, 2024, Lynch disposed of 1,367 shares of common stock at a price of $144.52 per share.
- Following these transactions, Lynch beneficially owns 42,234 shares of Hess Corp stock.
- 17,721 shares are held in escrow pursuant to the Corporation's Long Term Incentive Plans.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock transactions are a common occurrence and are publicly disclosed to ensure transparency and prevent insider trading. These transactions can be influenced by various factors, including personal financial planning, company performance, and market conditions.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Acquisition of 14,683 shares of common stock |
| 03/07/2024 | Disposition of 1,367 shares of common stock |
| 03/08/2024 | Date of signature for the Form 4 filing |
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