CVX director John B. Hess filed to disclose $73.4 million in stock sales this week. The trades — spanning 380,000 shares — all occurred on May 20. Filings were submitted on May 22.
The Hess sell-off is the biggest US insider move in recent days. Hess joined Chevron's board after the company acquired Hess Corp in 2024.
Also catching attention: ONC (BeOne Medicines) saw a $285 million stake purchase by Capital Group Companies — one of the largest institutional 5%-owner filings this month. The buy covered 943,241 shares at around $302 each, filed May 22.
In the energy patch, TALO billionaire 10% owner Carlos Slim Helú filed a $5.7 million sale in Talos Energy on May 22. Slim has been a major backer of the offshore oil firm.
PRM CEO Haitham Khouri filed two batches of Perimeter Solutions sales totalling $6.6 million. The trades spanned May 21–22 and were filed the same day — unusually swift disclosure.
CVS director Fernando Aguirre disclosed a $2.9 million sale of CVS Health shares on May 20. The sale comes as CVS navigates ongoing pressure in its pharmacy benefit management business.
On the buy side, Swedish hygiene group Essity B saw associate-level C-suite buyer Lars Fredrik Lundberg purchase $13.8 million worth of stock across two tranches filed May 26 — a notable vote of confidence in the European consumer staples sector.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
