Form 4: Hess Midstream LP Director Stephen Letwin Reports Changes in Beneficial Ownership

Director Stephen Letwin reports the acquisition and disposal of Class A shares and phantom shares in Hess Midstream LP.

Summary

• On March 8, 2025, Stephen Letwin, a director of Hess Midstream LP, reported changes in beneficial ownership.
• Letwin acquired 1,855 Class A shares upon settlement of phantom shares granted in 2024.
• These phantom shares vested on March 8, 2025, and are economically equivalent to Class A shares.
• Letwin also acquired 1,612 phantom shares that will vest on March 8, 2026.
• Following these transactions, Letwin directly owns 30,811 Class A shares and 1,612 phantom shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment about the company's performance.

Positives

• The acquisition of Class A shares through vested phantom shares indicates a continued alignment of the director's interests with the company's performance.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the holdings of key personnel.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key director.

Key Dates