Form 4: Hess Midstream LP Director Stephen Letwin Reports Share Transactions

Director Stephen Letwin reports the acquisition and disposal of Class A shares and phantom shares in Hess Midstream LP on March 8, 2024.

Summary

• On March 8, 2024, Stephen Letwin, a director of Hess Midstream LP, engaged in transactions involving Class A shares and phantom shares.
• He acquired 2,299 Class A shares upon the settlement of phantom shares granted in 2023.
• These phantom shares were the economic equivalent of Class A shares.
• Following the reported transactions, Letwin directly owns 28,956 Class A shares.
• He also acquired 1,855 phantom shares that will vest on March 8, 2025.
• After the transaction, Letwin directly owns 1,855 2024 Phantom Shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing share transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of Class A shares through the settlement of phantom shares indicates a continued alignment of the director's interests with those of the shareholders.

Future Outlook

The document indicates that Letwin will vest into 1,855 phantom shares on March 8, 2025.

Industry Context

This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the transactions of a company director.

Key Dates