Chevron (CVX) officer Andrew Walz discloses stock, options, RSUs and phantom units
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Chevron Corporation officer Andrew Benjamin Walz, President, DM&C, reports his beneficial ownership of Chevron common stock as of the event date of 12/03/2025. He holds 11 shares of common stock directly and 8,694 shares indirectly through the Chevron Employee Savings and Investment Plan, a 401(k) plan.
He also holds a series of non-qualified stock options to buy Chevron common stock, with exercise prices ranging from $88.20 to $179.08 per share and expiration dates from 01/25/2027 through 02/04/2035. In addition, Walz has multiple restricted stock unit awards that are economically equivalent to Chevron shares, with vesting schedules that extend to February 2028, some payable in cash and others settling in Chevron stock on vesting dates. He also holds phantom stock units under an excess benefit plan, payable in cash upon retirement or other termination of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
17 transactions reported
Mixed
17 txns
Insider
Walz Andrew Benjamin
Role
President, DM&C
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Phantom Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 4,100 shares (Direct);
Restricted Stock Units — 3,887 shares (Direct);
Phantom Stock Units — 2,551 shares (Indirect, Excess Benefit Plan);
Common Stock — 11 shares (Direct);
Common Stock — 8,694 shares (Indirect, By 401(k) plan)
Footnotes (1)
- This number represents the reporting person's shares of Chevron Corporation common stock under the Chevron Corporation Employee Savings and Investment Plan, a 401(k) plan. Option granted 1/25/2017. One-third of the shares subject to the option vested on January 31, 2018, January 31, 2019 and January 31, 2020, respectively. Option granted 1/31/2018. One-third of the shares subject to the option vested on January 31, 2019, January 31, 2020 and January 31, 2021, respectively. Option granted 1/30/2019. One-third of the shares subject to the option vested on January 31, 2020, January 31, 2021 and January 31, 2022, respectively. Option granted 1/29/2020. One-third of the shares subject to the option vested on January 31, 2021, January 31, 2022 and January 31, 2023, respectively. Option granted 1/27/2021. One-third of the shares subject to the option vested on January 31, 2022, January 31, 2023 and January 31, 2024, respectively. Option granted 1/26/2022. One-third of the shares subject to the option vested on January 31, 2023, January 31, 2024 and January 31, 2025, respectively. Option granted 1/25/2023. One-third of the shares subject to the option vested on January 31, 2024, and one-third vested on January 31, 2025. The balance of the shares vests on January 31, 2026. Option granted 2/6/2024. One-third of the shares subject to the option vested on February 10, 2025, and one-third of the shares will vest on February 10, 2026 and February 10, 2027, respectively. Option granted 2/4/2025. One-third of the shares subject to the option will vest on February 10, 2026, February 10, 2027 and February 10, 2028, respectively. Restricted stock units granted on January 27, 2021 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2026. Restricted stock units granted on January 26, 2022 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2027. Restricted stock units granted on January 25, 2023 under the Chevron Corporation 2022 Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to the award vested on January 31, 2024 and January 31, 2025, respectively, and one-third of the shares subject to the award will vest on January 31, 2026, and will settle in shares of Chevron common stock on the date of vesting. Restricted stock units granted on February 6, 2024 under the Chevron Corporation 2022 Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to the award vested on February 10, 2025, and one-third of the shares subject to the award will vest on February 10, 2026 and February 10, 2027, respectively, and will settle in shares of Chevron common stock on the date of vesting. Restricted stock units granted on February 4, 2025 under the Chevron Corporation 2022 Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to the award will vest on February 10, 2026, February 10, 2027 and February 10, 2028, respectively, and will settle in shares of Chevron common stock on the date of vesting. Each phantom stock unit is the economic equivalent of one share of Chevron Corporation common stock. The phantom stock units, which are issued under the Chevron ESIP-RP, are payable in cash upon the reporting person's retirement or other termination of service.
FAQ
What Chevron (CVX) role does Andrew Benjamin Walz hold in this ownership report?
Andrew Benjamin Walz is reported as an officer of Chevron Corporation, serving as President, DM&C in this ownership disclosure.
What stock options for Chevron (CVX) does Andrew Benjamin Walz report holding?
He reports multiple non-qualified stock options to buy Chevron common stock, with individual grants covering 4,100 to 15,400 shares, exercise prices between $88.20 and $179.08 per share, and expiration dates from 01/25/2027 to 02/04/2035.
What are the key terms of the Chevron (CVX) restricted stock units held by Andrew Benjamin Walz?
The restricted stock units are each the economic equivalent of one Chevron share, accrue dividend equivalents as additional units, and have vesting dates extending from January 31, 2026 through February 10, 2028. Some awards are payable in cash, while others settle in Chevron common stock on the vesting date.
What are the Chevron (CVX) phantom stock units reported by Andrew Benjamin Walz?
He holds 2,551 phantom stock units under the Chevron ESIP-RP, each economically equivalent to one Chevron share and payable in cash upon retirement or other termination of service.
What is the event date covered by this Chevron (CVX) insider ownership report?
The date of the event requiring the statement is listed as 12/03/2025.