{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-007128","form_type":"8-K","ticker":"HESM","cik":"0001789832","company_name":"Hess Midstream LP","filed_at":"2025-01-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.877674+00:00","generated_at":"2026-05-28T01:16:11.230073+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Hess Midstream repurchases $100M in Class B units from sponsors; 2.57M units cancelled","bullets":["Repurchased 2,572,677 Class B units from affiliates of Hess and GIP/BlackRock at $38.87/unit; closed Jan 15.","Repurchase expected to be accretive and support incremental distribution growth above 5% annual target through 2026.","Post-repurchase public holds ~47.9%, Hess ~37.8%, GIP/BlackRock ~14.3%; combined sponsor voting interest ~52.1%.","Since 2021, total sponsor unit repurchases reach $1.95B; company retains over $1.25B financial flexibility through 2026.","Funded via existing credit facility; repurchase approved by independent conflicts committee."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-007128","json":"https://secwatch.observer/filing/0001193125-25-007128.json","markdown":"https://secwatch.observer/filing/0001193125-25-007128.md","text":"https://secwatch.observer/filing/0001193125-25-007128.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1789832/000119312525007128/0001193125-25-007128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1789832/000119312525007128/d835284d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T01:16:11.230073+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}