Form 4: Hess Corp Executive Timothy B. Goodell Reports Stock Transactions
SEC Form 4 Filing
EVP, Gen Counsel & Secretary of Hess Corporation, Timothy B. Goodell, reports acquisition and disposal of company stock.
Summary
- On March 6, 2024, Timothy B. Goodell acquired 21,151 shares of Hess Corp common stock at $0.
- Following this acquisition, Goodell directly owned 164,845 shares.
- On March 7, 2024, Goodell sold 2,701 shares at $144.52 per share, reducing his direct ownership to 162,144 shares.
- The sale was to satisfy tax withholding obligations on vesting of restricted stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reporting stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, providing insight into executive compensation and stock ownership.
- The sale of shares to cover tax obligations is a common practice and unlikely to significantly affect other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Acquisition of 21,151 shares of Hess Corp common stock. |
| 03/07/2024 | Sale of 2,701 shares of Hess Corp common stock at $144.52 per share. |
| 03/08/2024 | Date of signature for 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.