USD 5M of HES bought by John Hess (Director Chairman Of The Board And Ceo) on 01/30/2012

NEW YORK, NY (MMD Newswire) January 31, 2012 -- John Hess purchased 91,250 shares of Hess Corp stock, or $4,999,414 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred on January 30, 2012.

After the transaction, John Hess's stake was reported as 401,588 shares of Hess Corp stock (a 29% increase from before the transaction took place). John Hess's title was listed as "Director Chairman of the Board and CEO" at Hess Corp within the filing.

As noted on January 31, 2012, John Hess's purchase was done directly over 1 transaction on January 30, 2012. The share price for the transaction was $54.79 according to the regulatory filing detailing the trade.

If we look over the past 12 months, John Hess has sold a total of 2,024,739 shares of Hess Corp, proceeds from the sale totaled $169,437,299. Over the same time period, John Hess has purchased 266,200 shares of Hess Corp, with a total cost of $15,001,306. John Hess has also performed other transactions including grants or awards , used transaction code "J" , and exercise of options .

Let's take a quick, high-level look at insider trading at Hess Corp over the past 12 months. A total of 2,261,434 shares of Hess Corp stock was sold by insiders, totaling $188,728,890. Over the same time 12 month time period, 276,200 shares of Hess Corp, for a total value of $15,550,006 were purchased by company insiders.

In addition to John Hess's role with Hess Corp, John Hess has affiliations with 2 other companies. John Hess's affiliations include Dow Chemical Co /de/, Hess Corp, Kkr & Co. L.P .

Source: SEC Filings


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