Early Access — free while we kick the tires
EdgarHawk

John B Hess

Chief Executive Officer

Director Officer

Latest: Director selling · May 2026

9 filings analyzed · 3 companies · Latest 2026-05-22

Companies

Company Buys Sells Direction
CHEVRON CORP CVX 0 17 Net selling
HESS CORP HES 0 33 Net selling
GOLDMAN SACHS GROUP INC GS 9 0 Net buying

Activity

May 2026
2026-05-22 CHEVRON CORP CVX
high
Sell
380,000 shares
$73,414,765
Significance 6/10

Director John B Hess sold 380,000 shares ($73.4M) at $191.52–$197.45 on 2026-05-20; reduces holdings by 57.7%.

John B Hess, a Director at Chevron, executed 7 separate sales totaling 380,000 shares for $73,414,765.34 across a narrow price range ($191.52–$197.45) on a single day, reducing his holdings by 57.7% from 658,045 to 278,045 shares. This is a material reduction in his disclosed position. His prior sales at Chevron show a timing pattern of 0 out of 5 being well-timed at the 90-day mark—all five prior CVX sales were followed by positive returns, meaning the insider sold before subsequent gains. The current stock price of $191.43 is 10.8% below the 52-week high of $214.71, and the company reports a P/E of 34.62 with annual revenue declining 6.8% year-over-year, even as the stock has risen 4.1% over the past 90 days. The pattern of large-block sales concentrated on one date at progressively higher prices, combined with historically poor timing on prior CVX sales and a deteriorating revenue trend, warrants attention to whether this transaction reflects any shift in Hess's portfolio positioning.

2026-05-08 CHEVRON CORP CVX
medium
Sell
195,000 shares
$36,031,524
Significance 4/10

Director John B Hess sells 195,000 CVX shares worth $36M; stock near 13-month lows after recent decline.

Director John B Hess executed a substantial three-part sale totaling approximately 195,000 shares, reducing his holdings by significant percentages in each tranche. This is the second time in roughly six months that Hess has sold CVX shares—his prior sales in late November resulted in the stock rising afterward over the following three months, making those exits poorly timed. The stock is currently trading well below its highs and has experienced a sharp pullback in recent weeks, creating a backdrop where this director is choosing to sell rather than hold through the weakness. Hess's longer-term track record across all holdings shows more discipline on purchases (with gains following those buys) than on sales, yet his previous CVX sales specifically worked out poorly as the stock climbed afterward, raising questions about his timing in this company in particular. Against a backdrop of modest fundamentals—the company is profitable but facing revenue headwinds—a director stepping up sales volume warrants attention, even though the poor historical timing of his CVX exits suggests his sales may not be predictive of further declines.

November 2025
2025-11-24 CHEVRON CORP CVX
high
Sell
550,000 shares
$82,749,549
Significance 7/10

Director Hess sells 550,000 CVX shares for $82.7M across 6 transactions on Nov 20-21, reducing stake 39.2%

John B. Hess, a Chevron director, executed 6 separate sales totaling 550,000 shares for $82,749,549.44 at a blended average price of $150.45, reducing his holdings from 1,403,045 to 853,045 shares. The sales occurred over two trading days (November 20-21, 2025) at prices ranging from $149.48 to $152.43, representing a 39.2% reduction in his position while the stock traded at $149.75 (current price). His prior sell at CVX on 2025-08-22 was well-timed at the 90-day mark, and his cross-ticker track record shows 11 prior sells with a 75.00% well-timed rate and an average 90-day return of -9.2%. This substantial multi-tranche liquidation, combined with a director's historical pattern of well-timed exits on this stock, warrants investor attention as a significant reduction of insider equity commitment.

August 2025
2025-08-26 CHEVRON CORP CVX
high
Sell
375,000 shares
$59,363,550
Significance 6/10

Director John B Hess sold 375,000 CVX shares for $59.4M; 83.33% of his 11 prior sells were well-timed.

John B Hess, a Chevron director, sold 375,000 shares at $158.30 on 2025-08-22, reducing his holdings from 1,778,045 to 1,403,045 shares—a 21.1% reduction. His cross-ticker track record shows 11 prior sells with an 83.33% well-timed rate (meaning two-thirds were followed by stock declines), suggesting a pattern of disciplined exit timing. The current price of $157.36 is 6.6% below the 52-week high of $168.51, placing the stock in the upper half of its range; the 90-day return of +15.7% indicates strong recent momentum at the time of sale. With Chevron trading at a P/E of 19.82 and revenue growth of only +0.9%, the director's significant reduction in exposure invites scrutiny about forward expectations, particularly given the timing near the 52-week peak.

June 2025
2025-06-06 HESS CORP HES
high
Sell
475,000 shares
$63,967,935
Significance 6/10

HES CEO John B Hess sold 475,000 shares for $63,967,935.46 across 5 transactions in early June at prices $133.15–$136.45

CEO John B Hess executed 5 separate sales totaling 475,000 shares (475.0K shares) for $63,967,935.46 ($64.0M) at a blended average price of $134.67 on June 5–6, 2025, reducing his holdings by 21.5% from 2.21M to 1.73M shares. This is a substantial reduction in absolute terms and as a percentage of holdings. His cross-ticker track record shows 11 prior sells averaging -15.0% 30-day return and a 90d well-timed rate of 16.67%, indicating his prior sales have rarely been followed by stock declines. At HES specifically, his 5 prior trades (all sales from late March 2025) showed poor timing, with 30-day returns ranging from -16.4% to -17.5%, and 0 of measurable prior sells at this ticker were well-timed at the 90-day mark. The current stock price of $136.13 is 5.4% higher over 30 days and -7.7% over 90 days, placing it 15.6% below its 52-week high of $161.29. Against the backdrop of HES's strong fundamentals (revenue growth +22.7% YoY, P/E 18.91, $2.9B quarterly revenue), the scale of this sale and the pattern of poorly-timed prior sells at this specific ticker warrant investor attention to underlying motivations.

April 2025
medium
Buy
3,904 shares
$1,997,584
Significance 6/10

Director John B Hess purchases 3,904 shares at blended avg $511.68 for $2.0M on 2025-04-15

Director John B Hess executed 9 separate purchases totaling 3,904 shares for $1,997,583.68 on 2025-04-15, acquiring a position from zero holdings. The blended average purchase price of $511.68 sits above the current price of $509.49, placing this transaction in a recent downtrend: GS has declined 7.7% over 30 days and 18.6% over 90 days from a 52-week high of $672.19. Hess's cross-ticker track record shows 20 prior sells with a 26.67% well-timed rate, indicating mixed historical timing acumen. The company itself remains fundamentally sound with $12.7B in quarterly revenue, $3.0B net income, and a P/E of 8.87, yet the recent sharp price pullback and the multi-leg purchase structure on a single day merit observer attention to whether this reflects conviction or routine rebalancing.

March 2025
2025-03-28 HESS CORP HES
high
Sell
350,000 shares
$55,612,539
Significance 6/10

CEO John B. Hess sold 350,000 shares for $55.6M across 5 transactions on 2025-03-27/28 at avg $158.89

John B. Hess, Chief Executive Officer of Hess Corp, executed 5 separate sales totaling 350,000 shares for $55,612,539.23 over March 27–28, 2025, reducing his holdings from 2,559,679 shares to 2,209,679 shares (a -13.7% reduction). The blended average sale price was $158.89, near the current price of $158.45 and within 2.9% of the 52-week high of $163.13, indicating the sales occurred near recent trading peaks. Over his cross-ticker history, Hess' prior 20 open-market sales have achieved a 90-day well-timed rate of 35.00%, and his same-ticker history at HES across 5 prior sales shows mixed timing outcomes (only 1 of 5 were well-timed at the 90-day mark, with average 90-day returns of +0.4% to +2.2%). Despite the company's strong fundamentals—$3.2B quarterly revenue, +22.7% annual revenue growth, and $498.0M quarterly net income—this large cash-generating transaction by the CEO warrants attention to whether it reflects confidence in current valuations or signals management's view of fair value at these price levels.

November 2024
2024-11-22 HESS CORP HES
high
Sell
342,894 shares
$50,653,074
Significance 7/10

CEO John B Hess sells entire 342,894-share position for $50.7M across 7 transactions (Nov 20-22)

JOHN B HESS executed 7 separate sales totaling 342,894 shares for $50,653,074.38 over three trading days (November 20–22, 2024), disposing of his entire equity stake in the company he leads. The blended average price of $147.72 sits near the current price of $148.65, indicating execution at fair market value rather than during a depressed window. His cross-ticker track record shows a 90-day well-timed rate of 0.00%, meaning prior sales have not preceded stock declines, though the 5 prior HES sales on 2024-11-07 remain too recent to measure outcomes. The complete liquidation of a CEO's personal stake—reducing holdings from 342.9K shares to zero—is a material signal regarding his residual economic alignment with shareholder returns and warrants attention to any contemporaneous business developments or forward guidance from the company.

2024-11-07 HESS CORP HES
high
Sell
543,679 shares
$77,835,860
Significance 7/10

HES CEO John Hess sold 543,679 shares for $77.8M in 11 transactions on Nov 6-7 at blended avg $143.17; post-sale holding drops to 223.1K shares (-70.9% of pre-transaction position).

CEO John B Hess executed 11 separate sales totaling 543,679 shares for $77,835,860.21 across two days (Nov 6-7, 2024), reducing his holdings by 70.9% from 766.8K to 223.1K shares. The sales occurred at prices ranging from $141.86 to $144.40, with a blended average of $143.17, near the current price of $142.75. This represents a substantial reduction in personal equity stake at the largest energy company market cap of $44.0B. At HES specifically, his prior 2 sells (Feb 2024) each yielded positive 90-day returns (+2.1% and +2.0%), indicating the stock rose after those sales—meaning his sales were not well-timed to precede declines. The current trade's timing relative to future price action cannot yet be assessed, but the scale of the position reduction merits investor scrutiny of the company's forward guidance and operational outlook.

Related insiders

Create a free account

Build watchlists, get email alerts on the tickers you follow, and read the full AI analysis on every insider filing.

Sign up — free during early access