Chevron director Hess granted 1,272 stock units
HESS JOHN B reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
HESS JOHN B reported acquisition or exercise transactions in this Form 4 filing.
Chevron Corporation director John B. Hess reported an equity award of 1,272 shares of Common Stock, issued at no cost as a grant or award. After this transaction, he directly holds 356,900 Chevron shares.
The filing also lists several indirect holdings in Chevron Common Stock through trusts, limited liability companies, a family LLC, and a limited partnership, each reflecting separate post-transaction share balances held by those entities.
Insider Trade Summary
Grant/Award: 1,272 shares
Grant/Award
1 txn
Insider
HESS JOHN B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,272 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 356,900 shares (Direct);
Common Stock — 7,244,497 shares (Indirect, By Limited Partnership);
Common Stock — 29,471 shares (Indirect, By Family LLC);
Common Stock — 307,500 shares (Indirect, By LLC);
Common Stock — 285,331 shares (Indirect, By Trust)
Holdings Before and After:
Common Stock, 355,628 to 356,900 shares (Direct)
Footnotes (7)
- F1. This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
- F2. This number includes rounding of fractional shares.
- F3. Shares are held by a limited partnership of which the reporting person is a limited partner and serves on the management committee of the general partner of the limited partnership.
- F4. Shares are held by a limited liability company of which the reporting person is a member and is a general partner and manager of a limited partnership that is the manager of the limited liability company.
- F5. Shares are held by a limited liability company of which the reporting person and the reporting person's son are the sole members, and the reporting person is the manager.
- F6. Shares are held by a trust established for the benefit of the reporting person and of which the reporting person is a beneficiary.
- F7. Shares are held by a trust established for the benefit of the reporting person and of which the reporting person is a beneficiary.
Key Figures
Equity award: 1,272 shares
Direct holdings after award: 356,900 shares
Indirect LP holdings: 7,244,497 shares
+4 more
7 metrics
Equity award
1,272 shares
Grant, award, or other acquisition of Chevron Common Stock at $0.00 per share
Direct holdings after award
356,900 shares
Chevron Common Stock directly owned by John B. Hess after the transaction
Indirect LP holdings
7,244,497 shares
Chevron Common Stock held by a limited partnership associated with John B. Hess
Indirect LLC holdings
307,500 shares
Chevron Common Stock held by a limited liability company associated with John B. Hess
Indirect trust holdings
278,045 shares
Chevron Common Stock held by a trust benefiting John B. Hess
Additional trust holdings
7,286 shares
Chevron Common Stock held by another trust benefiting John B. Hess
Family LLC holdings
29,471 shares
Chevron Common Stock held by a family limited liability company associated with John B. Hess
Key Terms
Non-Employee Directors' Equity Compensation and Deferral Plan, limited partnership, limited liability company, stock units, +1 more
5 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."
limited partnership financial
"Shares are held by a limited partnership of which the reporting person is a limited partner"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
limited liability company financial
"Shares are held by a limited liability company of which the reporting person is a member"
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
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.
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "By Trust""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did John B. Hess report for Chevron (CVX)?
John B. Hess reported receiving an award of 1,272 shares of Chevron Common Stock at a price of $0.00 per share. This was classified as a grant or other acquisition rather than an open-market purchase or sale.
Under what plan were John B. Hess’s Chevron (CVX) stock units issued?
A footnote explains that the reported number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan. This indicates the award is part of Chevron’s standard equity compensation program for non-employee directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
