Chevron trust to sell 380,000 shares under Rule 144

Chevron-affiliated trust reports planned resale of 380,000 shares under Rule 144.

Rhea-AI Filing Summary

Chevron-affiliated trust reports planned resale of 380,000 shares under Rule 144. The filing lists a Distribution from Trust dated 05/20/2026 showing 380,000 shares of Common Stock to be sold. The excerpt also records 195,000 shares sold on 05/06/2026 by JBH Investment Trust.

Insights

Securities Lawyer

Rule 144 resale by a trust: procedural compliance, not an operational event.

Rule 144 filings disclose resale plans for restricted or control securities; this entry shows a Distribution from Trust and a planned sale of 380,000 shares on 05/20/2026. The filing also documents a prior sale of 195,000 shares on 05/06/2026.

Timing and cash‑flow treatment are not specified beyond the sale dates; subsequent broker or settlement details typically appear in trade confirmations or later filings. Future public filings may disclose additional dispositions by the same trust.

Key Figures

Planned resale: 380,000 shares Recent sale: 195,000 shares Underwriter/broker listed: J.P. Morgan Securities LLC

3 metrics

Planned resale 380,000 shares Distribution from Trust on <date>05/20/2026</date>

Recent sale 195,000 shares Securities sold on <date>05/06/2026</date>

Underwriter/broker listed J.P. Morgan Securities LLC Broker/dealer listed on the Form 144 cover data

Key Terms

Rule 144, Distribution from Trust, Bequest

3 terms

Rule 144 regulatory

"Shows planned resale of 380,000 shares under Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Distribution from Trust financial

"Listed as the disposition type for the 380,000-share sale"

Bequest legal

"Bequest by the Estate of Leon Hess which acquired the shares"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Chevron (CVX) Form 144 show about the 380,000 shares?

It shows a trust-planned resale of 380,000 shares under Rule 144 on 05/20/2026. The entry is labeled a Distribution from Trust, indicating the shares are being resold by JBH Investment Trust rather than the issuer.

Who is the seller listed in the CVX Form 144 filing?

The seller is listed as JBH Investment Trust c/o Chevron Corporation. The filing identifies the disposition as a trust distribution originating from a bequest by the Estate of Leon Hess.

Has the trust recently sold other Chevron shares before this filing?

Yes. The filing records a prior sale of 195,000 shares executed on 05/06/2026. That transaction is included in the "Securities Sold During The Past 3 Months" section of the Form 144 excerpt.

Does the Form 144 state how sale proceeds will be used?

No. The excerpt does not state uses of proceeds or who receives cash. It lists sale dates and quantities only; detailed cash‑flow treatment is not provided in the visible text.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/20/2026 - 05:43 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002063457
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Chevron Corporation
SEC File Number	001-00368
Address of Issuer	1400 Smith Street Houston TEXAS 77002
Phone	832-854-1000
Name of Person for Whose Account the Securities are To Be Sold	JBH Investment Trust
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	See Remarks

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor New York NY 10017	380000	74955000	1991597732	05/20/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	06/15/1999	Distribution from Trust	Bequest by the Estate of Leon Hess which acquired the shares on May 7, 1999			380000	05/20/2026	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
JBH Investment Trust C/o Chevron Corporation 1400 Smith Street Houston TX 77002	Common Stock	05/06/2026	195000	36031515

144: Remarks and Signature

Remarks	The securities to be sold are held by a family trust of which John B. Hess, a director of Chevron Corporation, is a beneficiary and that is included with Mr. Hess as the person for whose account securities are to be sold. In connection with a previously announced merger agreement, effective as of July 18, 2025 each issued and outstanding share of Hess Corporation common stock, par value $1.00 per share, was converted automatically into 1.025 shares of Chevron Corporation common stock.
Date of Notice	05/20/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ J.P. Morgan Securities LLC as agent and attorney-in-fact for JBH Investment Trust
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)