Chevron (NYSE: CVX) CTO logs RSU vesting, share disposals and new grant
Rhea-AI Filing Summary
Chevron Corporation’s Chief Technology & Engineering Officer, Thomas Ryder Booth, reported routine equity compensation activity. On January 31, 2026, a total of 2,941 and 669 restricted stock units converted into the same number of Chevron common shares, reflecting vesting of prior awards that accrue dividend equivalents.
On the same date, 2,941 common shares and an additional 199 shares were disposed of at $176.90 per share. After these transactions, Booth held 476 Chevron common shares directly, plus 5 shares via the Booth Family Trust and 3,175 shares through a 401(k) plan. On February 1, 2026, he received a new grant of 4,760 restricted stock units under Chevron’s 2022 Long-Term Incentive Plan, scheduled to vest in three equal installments on February 1, 2027, February 1, 2028, and February 1, 2029, and to settle in Chevron common stock with a two-year post-vesting holding period.
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- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 4,760 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,941 | $0.00 | -- |
| Exercise | Restricted Stock Units | 669 | $0.00 | -- |
| Exercise | Common Stock | 2,941 | $0.00 | -- |
| Disposition | Common Stock | 2,941 | $176.90 | $520K |
| Exercise | Common Stock | 669 | $0.00 | -- |
| Tax Withholding | Common Stock | 199 | $176.90 | $35K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit is the economic equivalent of one share of Chevron common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. The restricted stock units are payable in cash and vested on January 31, 2026. This number includes dividend equivalents (22 shares). Restricted stock units granted on January 25, 2023 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 January 31, 2024, January 31, 2025, and January 31, 2026, respectively, and settled in shares of Chevron common stock on the date of vesting. Restricted stock units granted 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 this award will vest on February 1, 2027, February 1, 2028 and February 1, 2029, respectively, and will 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.
