---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-129499"
form_type: "8-K"
ticker: "HESM"
cik: "0001789832"
company_name: "Hess Midstream LP"
filed_at: "2025-05-28T23:59:59+00:00"
generated_at: "2026-05-20T08:28:39.649656+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hess Midstream launches secondary offering of 15M shares by GIP; GIP to exit and board to be restructured

## Summary
- GIP affiliate offers 15,022,517 Class A shares; HESM receives no proceeds.
- Upon closing, GIP will hold no interest; Hess affiliate will own 100% of HIP (GP's sole member).
- GIP-designated directors (Brilliant, Lee, Telesz) to resign; no other board changes expected.
- Board will consist of up to 8 directors: no more than 4 Hess-affiliated, remainder independent.
- Certain actions (debt >4x EBITDA, distributions, M&A, governance) require one Hess and one independent director approval.

## SEC filing metadata
- accession: 0001193125-25-129499
- form_type: 8-K
- ticker: HESM
- cik: 0001789832
- company_name: Hess Midstream LP
- filed_at: 2025-05-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789832/000119312525129499/0001193125-25-129499-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789832/000119312525129499/d48807d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-129499
- JSON: https://secwatch.observer/filing/0001193125-25-129499.json
- Plain text: https://secwatch.observer/filing/0001193125-25-129499.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.