Chevron (NYSE: CVX) director Thomas W. Horton granted 1,272 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chevron Corporation director Thomas W. Horton reported an equity award under the company’s non-employee director plan. He received 1,272 stock units of Chevron common stock at no cash cost, described as a grant or other acquisition rather than an open-market purchase or sale.
After this award, Horton directly holds 1,734 stock units, including units attributable to dividend equivalent accruals under the same Non-Employee Directors' Equity Compensation and Deferral Plan. This filing reflects routine director compensation rather than discretionary trading in Chevron shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HORTON THOMAS W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,272 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,734 shares (Direct, null)
Footnotes (1)
- This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan. This number includes the acquisition of dividend equivalent accruals on stock units (4) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
Key Figures
Stock units granted: 1,272 stock units
Holdings after transaction: 1,734 stock units
Grant price per unit: $0.0000 per unit
3 metrics
Stock units granted
1,272 stock units
Award on 2026-05-27 under non-employee director plan
Holdings after transaction
1,734 stock units
Total direct holdings following reported grant
Grant price per unit
$0.0000 per unit
Equity award, no cash paid by reporting person
Key Terms
Non-Employee Directors' Equity Compensation and Deferral Plan, stock units, dividend equivalent accruals
3 terms
Non-Employee Directors' Equity Compensation and Deferral Plan financial
"stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan"
stock units financial
"This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
dividend equivalent accruals financial
"includes the acquisition of dividend equivalent accruals on stock units (4) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan."
FAQ
What did Chevron (CVX) director Thomas W. Horton report in this Form 4?
Thomas W. Horton reported receiving 1,272 Chevron stock units as an equity award. The units were granted at no cash cost under Chevron’s Non-Employee Directors' Equity Compensation and Deferral Plan as part of routine director compensation.
How many Chevron (CVX) stock units does Thomas W. Horton now hold?
Following the reported award, Thomas W. Horton directly holds 1,734 Chevron stock units. This total includes the 1,272 newly granted units plus prior holdings and dividend equivalent accruals issued under Chevron’s Non-Employee Directors' Equity Compensation and Deferral Plan.
Was Thomas W. Horton’s Chevron (CVX) Form 4 a market purchase or sale?
The Form 4 shows a grant of 1,272 stock units, not a market trade. The transaction is coded as an award or other acquisition, reflecting compensation under Chevron’s non-employee director equity and deferral plan rather than an open-market buy or sell.
What plan governed the Chevron (CVX) stock units granted to Thomas W. Horton?
The stock units were issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan. Footnotes explain that the units include dividend equivalent accruals on stock units previously issued under this same director compensation and deferral program.
Did Thomas W. Horton pay cash for the Chevron (CVX) stock units in this filing?
No cash was paid for these stock units, which carried a reported per-unit price of 0.0000. The 1,272 units represent an equity grant as part of Chevron’s non-employee director compensation structure, not an open-market purchase of Chevron common stock.