According to Yahoo: Insiders have BOUGHT 645,500 shares in 6 transactions over the past 6 months, and only sold 12,000 shares in 2 transactions for a net INCREASE of 633,500 shares which is an increase of 20.9%.
Institutions increased their position by 3,731,860 for an increase of 11.17%.
Here is the link:
The current selling in the past month is directly linked to options exercise, and all sold shares track exactly to options bought at 13% with an accompanying automatic sale around $93/ share. Standard business practice for a publicly traded firm. Anyone who would try to pretend otherwise is intentionally misleading you.
It is trivial to match up the options exercise to the automatic sale to see what is being done. There are a few on this board who are insanely jealous of other people's success, and try to make Hess sales look like something other than what they are. That is simply dishonest.