secwatch.observer — SEC 8-K summary
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Issuer:     Hess Midstream LP (HESM)
CIK:        0001789832
Form:       8-K
Filed at:   2025-05-30T23:59:59+00:00
Accession:  0001193125-25-132104
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789832/000119312525132104/0001193125-25-132104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789832/000119312525132104/d67014d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-132104

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