HESS CORP 4
4 · Hess Midstream LP · Filed Mar 4, 2026
Insider Transaction Report
Form 4
CHEVRON CORP
Director10% Owner
Transactions
- Other
Class B Shares
[F1][F2]2026-03-04−455,811→ 77,827,485 total(indirect: See footnote) - Disposition to Issuer
Opco Class B Units
[F3][F2]2026-03-04$39.49/sh−455,811$17,999,976→ 77,827,485 total(indirect: See footnote)→ Class A Shares (455,811 underlying)
Holdings
- 449,000(indirect: See footnote)
Class A Shares
[F2]
Footnotes (3)
- [F1]Reflects the cancellation for no consideration of 455,811 Class B Shares in connection with Hess Midstream Operations LP's repurchase of 455,811 Opco Class B Units from Hess Investments North Dakota LLC ("HINDL") and the subsequent cancellation of such Opco Class B Units.
- [F2]Represents securities held by HINDL. HINDL is a direct, wholly owned subsidiary of Hess Corporation ("Hess"), which is a direct, wholly owned subsidiary of Chevron Corporation ("Chevron"). As a result, Chevron and Hess may be deemed to beneficially own the securities held of record by HINDL. Chevron and Hess disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.
- [F3]The Opco Class B Units may be converted at any time into Class A Shares on a one-to-one basis and have no expiration date.