John B. Hess - Jul 18, 2025 Form 4 Insider Report for HESS CORP (HES)

Role: Chief Executive Officer, Director
Signature: Barry Schachter for John B. Hess
Stock symbol: HES
Transactions as of: Jul 18, 2025
Transactions value $: $0
Form type: 4
Date filed: 7/18/2025, 04:24 PM
Previous filing: Jul 21, 2025
Next filing: Jul 30, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
HESS JOHN B	Chief Executive Officer, Director	HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK	Barry Schachter for John B. Hess	2025-07-18	0001087997

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HES	Common Stock, $1.00 par value	Disposed to Issuer		-344K	-100%		0	Jul 18, 2025	Direct	F1, F2
transaction	HES	Common Stock, $1.00 par value	Disposed to Issuer		-7.07M	-100%		0	Jul 18, 2025	See Note	F2, F3
transaction	HES	Common Stock, $1.00 par value	Disposed to Issuer		-28.8K	-100%		0	Jul 18, 2025	See Note	F2, F4
transaction	HES	Common Stock, $1.00 par value	Disposed to Issuer		-300K	-100%		0	Jul 18, 2025	See Note	F2, F5
transaction	HES	Common Stock $1.00 par value	Disposed to Issuer		-7.11K	-100%		0	Jul 18, 2025	See Note	F2, F6
transaction	HES	Common Stock $1.00 par value	Disposed to Issuer		-1.73M	-100%		0	Jul 18, 2025	See Note	F2, F7
transaction	HES	Common Stock, $1.00 par value	Disposed to Issuer		-74.4K	-100%		0	Jul 18, 2025	by 401 (k)	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HES	2023 Performance Share Unit	Disposed to Issuer		-38.6K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	81K	$0.00	Direct	F8
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-24.2K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	24.2K	$141.55	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-24.2K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	24.2K	$141.55	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-24.2K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	24.2K	$141.55	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-33.7K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	33.7K	$101.17	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-33.7K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	33.7K	$101.17	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-33.7K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	33.7K	$101.17	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-38.2K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	38.2K	$75.04	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-38.2K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	38.2K	$75.04	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-38.2K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	38.2K	$75.04	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-79.3K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	79.3K	$49.72	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-79.3K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	79.3K	$49.72	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-79.3K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	79.3K	$49.72	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-55.3K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	55.3K	$56.74	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-55.3K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	55.3K	$56.74	Direct	F9
transaction	HES	Option to purchase Common Stock	Disposed to Issuer		-55.3K	-100%		0	Jul 18, 2025	Common Stock, $1.00 par value	55.3K	$56.74	Direct	F9

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

John B. Hess is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	This amount includes 144,747 shares held in escrow pursuant to the Corporation's Long Term Incentive Plans.
F2	Pursuant to the Agreement and Plan of Merger, dated October 22, 2023 (as amended, the "merger agreement"), by and among Hess, Yankee Merger Sub Inc. ("Merger Sub") and Chevron Corporation ("Chevron"), at the effective time of the merger of Merger Sub with and into Hess on the closing date (the "Effective Time"), each outstanding share of common stock of Hess (except as otherwise specified in the merger agreement) was converted into the right to receive 1.025 (the "exchange ratio") shares of common stock of Chevron.
F3	Held by a previously reported limited partnership. The reporting person is on the management committee of the general partner of this limited partnership.
F4	Held by a previously reported family LLC controlled by the reporting person.
F5	Held by a previously reported limited liability company, for which the reporting person serves as investment manager.
F6	Held by a previously reported trust established for the benefit of the reporting person.
F7	Held by a previously reported trust established for the benefit of the reporting person.
F8	Pursuant to the merger agreement, at the Effective Time, each then outstanding Performance Share Unit (PSU) award was deemed to be earned at the maximum level and converted into a restricted cash award in an amount per share under such PSU award equal to the average closing trading price of a share of Chevron common stock for the 20 business days ending on and including the second to last business day prior to the Effective Time multiplied by the exchange ratio, and in each case subject to the same terms and conditions as applied to such awards immediately prior to the Effective Time (other than the performance conditions).
F9	Pursuant to the merger agreement, at the Effective Time each then outstanding Hess stock option was converted into a corresponding Chevron stock option based on the exchange ratio, subject to the same terms and conditions applicable to such award immediately prior to the Effective Time.