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Chevron (NYSE: CVX) shareholder plans 2,470-share sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CHEVRON CORPORATION (CVX) is the issuer for which a notice has been filed to sell restricted stock under Rule 144. The planned sale covers 2,470 shares of common stock, with an aggregate market value of $508,177.80, through Goldman Sachs & Co. LLC on or after August 18, 2026 on NASDAQ.

The shares were originally acquired by Robert Hewitt Pate from Chevron as compensation in the form of Restricted Stock Units on August 3, 2011, in three blocks of 272, 1,610, and 588 shares. The notice states that Goldman Sachs & Co. LLC signed on behalf of Robert Hewitt Pate.

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Shares proposed for sale 2,470 shares Common stock of Chevron Corporation proposed to be sold under Rule 144
Aggregate market value of proposed sale $508,177.80 Market value associated with the 2,470 CVX shares in the Form 144
Expected sale date 08/18/2026 Date listed for the proposed Rule 144 sale of Chevron common stock
Original RSU grant date 08/03/2011 Date the Chevron shares were acquired as compensation in Restricted Stock Units
RSU block 1 272 shares First block of Chevron RSUs acquired as compensation on 08/03/2011
RSU block 2 1,610 shares Second block of Chevron RSUs acquired as compensation on 08/03/2011
RSU block 3 588 shares Third block of Chevron RSUs acquired as compensation on 08/03/2011
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of 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.
Restricted Stock Units financial
"Acquired as compensation -- Restricted Stock Units | The Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
compensation financial
"Acquired as compensation -- Restricted Stock Units | The Issuer"

FAQ

What does the Form 144 filing mean for CHEVRON CORP (CVX) shares?

The filing reports a planned sale of 2,470 CVX common shares under Rule 144 by or for Robert Hewitt Pate. These shares were granted as restricted stock units from Chevron and are expected to be sold through Goldman Sachs & Co. LLC.

How many CHEVRON CORP (CVX) shares are proposed to be sold and at what value?

The notice covers 2,470 CVX common shares with an aggregate market value of about $508,177.80. This value reflects the market price used in the Form 144 and is tied to the planned sale through Goldman Sachs & Co. LLC.

Who is selling CHEVRON CORP (CVX) stock in this Form 144 and through which broker?

The securities are for the account of Robert Hewitt Pate, with the form signed by Goldman Sachs & Co. LLC on his behalf. Goldman Sachs & Co. LLC, located at 200 West Street, New York, is listed as the broker handling the transaction.

When were the CHEVRON CORP (CVX) shares originally acquired and in what form?

The shares were originally acquired on August 3, 2011 as compensation in the form of Restricted Stock Units from Chevron. The positions are shown in three blocks: 272, 1,610, and 588 shares, all described as compensation-based awards.

On what date is the sale of CHEVRON CORP (CVX) shares expected to occur?

The Form 144 lists an expected sale date of August 18, 2026 for the 2,470 CVX common shares. This date reflects when the filer expects the proposed Rule 144 sale to take place on NASDAQ through Goldman Sachs & Co. LLC.

Does the Form 144 indicate any CVX shares sold by this person in the past three months?

The Form 144 includes a section for securities sold during the past three months, but no specific prior sales amounts are detailed in the provided content. The highlighted figures relate only to the planned 2,470-share sale under Rule 144.

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

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Learn about SEC filing dates

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