Chevron (NYSE: CVX) shareholder plans 2,470-share sale
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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Key Figures
Shares proposed for sale: 2,470 shares
Aggregate market value of proposed sale: $508,177.80
Expected sale date: 08/18/2026
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7 metrics
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
Key Terms
Rule 144, Restricted Stock Units, compensation
3 terms
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
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.