[Form 4] CHEVRON CORP Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chevron Corporation’s Chairman and CEO Michael K. Wirth reported equity award activity on February 10, 2026. He acquired 9,614 and 9,950 shares of common stock through the vesting and conversion of restricted stock units at an effective price of $0 per share.
To cover tax obligations related to these vestings, 3,937 and 3,916 shares of common stock were withheld at a price of $182.26 per share. After these transactions, he held 31,266 shares of common stock directly, along with indirect holdings through a limited partnership, a 401(k) plan, and the Wirth Family Trust. He owns a 1% general partnership interest in the limited partnership and disclaims beneficial ownership of its shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,564 shares exercised/converted
Mixed
9 txns
Insider
Wirth Michael K
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,614 | $0.00 | -- |
| Exercise | Restricted Stock Units | 9,950 | $0.00 | -- |
| Exercise | Common Stock | 9,614 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,937 | $182.26 | $718K |
| Exercise | Common Stock | 9,950 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,916 | $182.26 | $714K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,451 shares (Direct);
Common Stock — 29,169 shares (Direct);
Common Stock — 17,784 shares (Indirect, By Limited Partnership)
Footnotes (1)
- Each restricted stock unit is the economic equivalent of one share of Chevron common stock. This number includes rounding of fractional shares. The reporting person owns only a 1% general partnership interest in the limited partnership. The remaining limited partnership interests are owned equally by four separate trusts for the benefit of each of the reporting person's children. The reporting person disclaims beneficial ownership of the shares held by the limited partnership except to the extent of his pecuniary interest therein. Restricted stock units granted on February 6, 2024 under the Chevron Corporation 2022 Long-Term Incentive Plan. 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 February 10, 2026, respectively, and one-third of the shares subject to the award will vest on February 10, 2027, and settle in shares of Chevron common stock on the date of vesting. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment. This number includes dividend equivalents (1,303 shares). Restricted stock units granted on February 4, 2025, under the Chevron Corporation 2022 Long-Term Incentive Plan. 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, 2026, and one-third of the shares subject to the award will vest on February 10, 2027 and February 10, 2028, respectively, and settle in shares of Chevron common stock on the date of vesting. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.