CVX insider plans Rule 144 sale of 320,700 common shares
Rhea-AI Filing Summary
A holder of common stock in CVX has filed a notice of proposed sale under Rule 144 for 320,700 shares, to be sold through Morgan Stanley Smith Barney LLC on the NYSE. The filing lists an aggregate market value of $49,997,130.00 for these shares, with an approximate sale date of 01/05/2026.
The shares are being sold after an exercise of stock options from the issuer on 01/05/2026, paid in cash for the same amount of 320,700 shares. The document also notes that the issuer had 2,013,521,597 shares of this class outstanding, providing context for the size of the planned sale.
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FAQ
What does CVX's latest Form 144 filing disclose?
The filing discloses that a holder of CVX common stock intends to sell 320,700 shares under Rule 144 through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $49,997,130.00 and an approximate sale date of 01/05/2026.
How many CVX shares are planned to be sold and at what value?
The notice covers a planned sale of 320,700 common shares of CVX with an aggregate market value of $49,997,130.00 as stated in the document.
How were the CVX shares in this Form 144 acquired?
The 320,700 CVX common shares were acquired on 01/05/2026 through an exercise of stock options from the issuer, with the payment described as cash on the same date.
What does the Form 144 say about CVX shares outstanding?
For context, the filing states that there were 2,013,521,597 shares of the same class of CVX common stock outstanding at the time referenced.
Which broker is handling the planned CVX share sale?
The Rule 144 sale is listed as being handled by Morgan Stanley Smith Barney LLC Executive Financial Services, based at 1 New York Plaza, 8th Floor, New York, NY 10004.
On which exchange will the CVX shares in this Form 144 be sold?
The Form 144 states that the 320,700 common shares are planned to be sold on the NYSE.