Chevron (NYSE: CVX) director makes 350-share bona fide gift
Rhea-AI Filing Summary
Chevron Corp (CVX) director Dambisa F. Moyo reported a disposition of Chevron common stock via a bona fide gift transfer of 350 shares on 2026-08-17. Following this gift, her directly held position is reported as 14,495 shares, a figure that includes 55 stock units added as dividend equivalent accruals under Chevron’s Non-Employee Directors' Equity Compensation and Deferral Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 350 shares
Net Sell
1 txn
Insider
Moyo Dambisa F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 350 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 14,495 shares (Direct)
Footnotes (1)
- F1. This number includes the acquisition of dividend equivalent accruals on stock units (55) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
Key Figures
Gifted shares: 350 shares
Price per share: $0.0000
Shares held after transaction: 14,495 shares
+2 more
5 metrics
Gifted shares
350 shares
Bona fide gift of Chevron common stock on 2026-08-17
Price per share
$0.0000
Reported value for the 350-share bona fide gift transfer
Shares held after transaction
14,495 shares
Direct Chevron common stock position reported following the gift
Dividend equivalent stock units
55 units
Stock units from dividend equivalent accruals included in post-transaction holdings
Gift transactions count
1 transaction
Number of bona fide gift transactions reported in this Form 4
Key Terms
bona fide gift, dividend equivalent accruals, Non-Employee Directors' Equity Compensation and Deferral Plan
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
dividend equivalent accruals financial
"includes the acquisition of dividend equivalent accruals on stock units (55)"
Dividend equivalent accruals are bookkeeping entries that track amounts owed to holders of stock-based awards (like restricted stock units or certain options) as if cash dividends had been paid on the underlying shares. Think of it as a running tab a company keeps for future payments: it matters to investors because these accruals increase reported compensation costs, can dilute shareholders when paid in stock, and signal future cash or share outflows tied to corporate dividend policy.
Non-Employee Directors' Equity Compensation and Deferral Plan financial
"issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan"
FAQ
What insider transaction did CVX director Dambisa F. Moyo report on this Form 4?
Dambisa F. Moyo reported a bona fide gift of 350 shares of Chevron common stock on 2026-08-17. This was a non-sale transfer coded as transaction type G, indicating a gift disposition rather than an open-market trade.
Was the reported Chevron (CVX) insider transaction a purchase or a sale?
The transaction was neither a purchase nor a sale; it was a bona fide gift coded G. The Form 4 classifies it as a disposition for reporting purposes, but no sale price was involved and the per-share price is shown as $0.00.
What role do dividend equivalent accruals play in Dambisa F. Moyo’s CVX holdings?
Her post-transaction holdings of 14,495 shares include 55 stock units from dividend equivalent accruals. These accruals were issued under Chevron’s Non-Employee Directors' Equity Compensation and Deferral Plan and increase the reported share-equivalent balance.
Does the Chevron (CVX) Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The Form 4’s Rule 10b5-1 checkbox is not marked as applying to this transaction. The filing does not state that the 350-share gift was executed pursuant to any pre-arranged Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
