HESS JOHN B

John B. Hess's Form 4 record — an extraordinary 20,427 transactions spanning two decades — pivots sharply on July 18, 2025: a cluster of "D" disposition transactions that day (share blocks of 79,254, 55,310, 38,211, and others) marks the close of Chevron's acquisition of Hess Corp, converting his Hess stake into Chevron shares. Since then, every recorded transaction in Chevron has been a sale, and the prices tell a clear story: $158.30 in August 2025, down to roughly $150 across three separate blocks in November 2025, then back up to $183.90-$185.21 across three more blocks on May 6, 2026 — Chevron shares gained over 20% between his November and May sales, all captured through routine post-merger stock sales. Alongside this, Hess has held a Goldman Sachs board seat since January 2025, collecting small annual share grants (22 to 390 shares) with no corresponding sales recorded.