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Form 144 shows Chevron (CVX) trust selling 550,000 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Chevron Corporation (CVX) has a shareholder-affiliated trust filing a notice to sell up to 550,000 shares of Chevron common stock under Rule 144. The planned NYSE sales through J.P. Morgan Securities LLC correspond to an aggregate market value of $83,435,000, compared with 2,013,521,597 Chevron shares outstanding. The filer acquired these shares in June 1999 via a distribution from a trust related to the estate of Leon Hess. Over the past three months, the same trust sold 375,000 Chevron shares for gross proceeds of $59,363,552.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Chevron Corp

NYSE:CVX

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