R Hewitt Pate sells 41,134 shares; Issuer (NYSE: CVX)
Rhea-AI Filing Summary
R HEWITT PATE reported insider transactions involving common stock: a 10b5-1 sale of 41,134 shares on 01/30/2026 generating $7,256,037.60, and an exercise of 35,475 stock options on 02/27/2026 settled for cash totaling $6,533,076.00.
The transactions are recorded on a Form 144 and list broker information. The 10b5-1 sale and the option exercise are separate actions with their respective dates and cash amounts as shown above.
Positive
- None.
Negative
- None.
Insights
Insider disclosed a planned sale and a contemporaneous option exercise with clear cash proceeds.
The excerpt lists a 10b5-1 sale of 41,134 shares on 01/30/2026 for $7,256,037.60 and an exercise of 35,475 options on 02/27/2026 for $6,533,076.00. These figures are recorded verbatim in the filing.
The practical implication is procedural: the 10b5-1 plan documents a prearranged sale method, while the option exercise produced cash proceeds. Timing and cash-flow recipients are explicit in the entries; subsequent filings may disclose additional filings or confirmations.