SVP Schoonman sells 6,000 HES shares at $141.91; exits 19.5% of position as stock trades -13.7% from 52-week high.
Schoonman Geurt G, Senior Vice President, sold 6,000 shares of Hess on 2024-11-07 at $141.91, reducing his holdings from 30,701 to 24,701 shares (a -19.5% reduction in stake). This sale occurred while HES traded -13.7% from its 52-week high of $163.13, and the stock has declined -9.2% in annual revenue growth despite maintaining a P/E of 16.43 and market cap of $43.4B. His prior three sales at HES, all executed on 2024-03-20, exhibited a 100% well-timed pattern at the 90-day mark (each producing negative 90d returns of -5.0% to -5.3%), and his cross-ticker track record across 3 prior open-market sells also shows a 100% well-timed rate. The current sale follows a consistent pattern: executed at a depressed price relative to the year range, consistent with his demonstrated ability to sell before subsequent declines.