Michael K. Wirth (NYSE: CVX) sells 320,700 shares; option exercises recorded
Rhea-AI Filing Summary
CVX reports insider transactions including a 10b5-1 sale by Michael K. Wirth of 320,700 common shares on 01/05/2026 for $52,271,983.38.
The filing also shows exercises of stock options for issuance to the issuer of 182,100 and 90,524 common shares on 03/02/2026, paid in cash.
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Insights
Insider activity combines a large sale under a 10b5-1 plan and option exercises.
The filing lists a 10b5-1 sale by Michael K. Wirth of 320,700 shares on 01/05/2026 for $52,271,983.38. It also records option exercises that produced 182,100 and 90,524 shares on 03/02/2026, funded by cash.
These are routine, disclosed transactions: the sale was executed under a prearranged plan and the other entries are option exercises. Subsequent filings may provide further attribution or tax-withholding details if required.