Hess Midstream prices $559.6M secondary offering at $37.25/share; three directors resign

Hess Midstream LP

Selling shareholder (GIP/BlackRock affiliate) sold 15,022,517 Class A shares at $37.25 per share.
Gross proceeds to selling shareholder of $559.59M; company will receive no proceeds.
Directors William J. Brilliant, Scott E. Telesz and James K. Lee resigned effective upon closing.
Company and certain affiliates subject to 60-day lock-up on additional share sales.
Offering expected to close May 30, 2025; J.P. Morgan and Citigroup acted as joint bookrunners.

item 1.01 item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

William J. Brilliant

Director

HESM · Hess Midstream LP

Effective: 2025-05-30
Filed: May 30, 2025, 7:59 PM ET

Effective upon the closing of the Secondary Offering, in connection with the governance changes disclosed in the Current Report on Form 8-K dated May 28, 2025, each of William J. Brilliant, Scott E. Telesz and James K. Lee resigned from the board of directors (the “Board”) of GP LLC.

Departed

Scott E. Telesz

Director

HESM · Hess Midstream LP

Effective: 2025-05-30
Filed: May 30, 2025, 7:59 PM ET

Effective upon the closing of the Secondary Offering, in connection with the governance changes disclosed in the Current Report on Form 8-K dated May 28, 2025, each of William J. Brilliant, Scott E. Telesz and James K. Lee resigned from the board of directors (the “Board”) of GP LLC.

Departed

James K. Lee

Director

HESM · Hess Midstream LP

Effective: 2025-05-30
Filed: May 30, 2025, 7:59 PM ET

Effective upon the closing of the Secondary Offering, in connection with the governance changes disclosed in the Current Report on Form 8-K dated May 28, 2025, each of William J. Brilliant, Scott E. Telesz and James K. Lee resigned from the board of directors (the “Board”) of GP LLC.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William J. Brilliant resigned as Director at Hess Midstream LP.

Action: resigned
Role: Director

Exact text from the filing

Effective upon the closing of the Secondary Offering, in connection with the governance changes disclosed in the Current Report on Form 8-K dated May 28, 2025, each of William J. Brilliant, Scott E. Telesz and James K. Lee resigned from the board of directors (the “Board”) of GP LLC.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott E. Telesz resigned as Director at Hess Midstream LP.

Action: resigned
Role: Director

Exact text from the filing

Effective upon the closing of the Secondary Offering, in connection with the governance changes disclosed in the Current Report on Form 8-K dated May 28, 2025, each of William J. Brilliant, Scott E. Telesz and James K. Lee resigned from the board of directors (the “Board”) of GP LLC.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

James K. Lee resigned as Director at Hess Midstream LP.

Action: resigned
Role: Director

Exact text from the filing

Effective upon the closing of the Secondary Offering, in connection with the governance changes disclosed in the Current Report on Form 8-K dated May 28, 2025, each of William J. Brilliant, Scott E. Telesz and James K. Lee resigned from the board of directors (the “Board”) of GP LLC.

View on SEC.gov

Hess Midstream LP filing history →

Source: SEC EDGAR

accession 0001193125-25-132104

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