Michael Scott Bast - 08 Mar 2026 Form 4 Insider Report for Hess Midstream LP (HESM)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
10 Mar 2026, 18:00:30 UTC
Prior SEC filing
26 Sep 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jessica Cauley, Attorney-in-Fact for Michael Scott Bast

Key filing fact

Michael Scott Bast filed Form 4 for Hess Midstream LP (HESM) on 10 Mar 2026.

Key facts

  • This page summarizes Michael Scott Bast's Form 4 filing for Hess Midstream LP (HESM).
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 10 Mar 2026, 18:00.

Change

  • Previous filing in this sequence was filed on 26 Sep 2025.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002084199 Primary reporting owner

Bast Michael Scott

Relationship
President and COO
Address
1400 SMITH STREET, HOUSTON
Signature
/s/ Jessica Cauley, Attorney-in-Fact for Michael Scott Bast
Signature date
10 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HESM transaction

Class A Shares

Options Exercise

Transaction value
Shares
+1,327
Change %
+166%
Price
$0.000000*
Shares after
2,127
Date
08 Mar 2026
Ownership
Direct
Footnotes
F1
HESM transaction

Class A Shares

Tax liability

Transaction value
Shares
-344
Change %
-16%
Price
$38.92*
Shares after
1,783
Date
08 Mar 2026
Ownership
Direct
Footnotes
F2
HESM transaction

Class A Shares

Options Exercise

Transaction value
Shares
+1,189
Change %
+67%
Price
$0.000000*
Shares after
2,972
Date
08 Mar 2026
Ownership
Direct
Footnotes
F1
HESM transaction

Class A Shares

Tax liability

Transaction value
Shares
-308
Change %
-10%
Price
$38.92*
Shares after
2,664
Date
08 Mar 2026
Ownership
Direct
Footnotes
F2
HESM transaction

Class A Shares

Options Exercise

Transaction value
Shares
+929
Change %
+35%
Price
$0.000000*
Shares after
3,593
Date
08 Mar 2026
Ownership
Direct
Footnotes
F1
HESM transaction

Class A Shares

Tax liability

Transaction value
Shares
-241
Change %
-6.7%
Price
$38.92*
Shares after
3,352
Date
08 Mar 2026
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HESM transaction Derivative

2023 Phantom Shares

Options Exercise

Transaction value
Shares
-1,327
Change %
-100%
Price
$0.000000*
Shares after
0
Date
08 Mar 2026
Ownership
Direct
Underlying class
Class A Shares
Underlying amount
1,327
Exercise price
$0.000000
Footnotes
F3
HESM transaction Derivative

2024 Phantom Shares

Options Exercise

Transaction value
Shares
-1,189
Change %
-50%
Price
$0.000000*
Shares after
1,189
Date
08 Mar 2026
Ownership
Direct
Underlying class
Class A Shares
Underlying amount
1,189
Exercise price
$0.000000
Footnotes
F4
HESM transaction Derivative

2025 Phantom Shares

Options Exercise

Transaction value
Shares
-929
Change %
-33%
Price
$0.000000*
Shares after
1,860
Date
08 Mar 2026
Ownership
Direct
Underlying class
Class A Shares
Underlying amount
929
Exercise price
$0.000000
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Class A shares acquired upon settlement of phantom shares granted under Hess Midstream's 2017 Long Term Incentive Plan.

Footnote F2

Shares withheld to cover required tax obligations upon settlement of phantom shares.

Footnote F3

The 2023 phantom shares vested on March 8, 2026.

Footnote F4

The remaining 2024 phantom shares will vest on March 8, 2027 and have no expiration date.

Footnote F5

The remaining 2025 phantom shares vest ratably on March 8, 2027 and March 8, 2028 and have no expiration date.

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