Chevron (NYSE: CVX) tech chief exercises options and sells common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chevron Corp officer Thomas Ryder Booth reported exercising stock options and selling shares. On February 12, 2026, he exercised a non-qualified stock option for 10,600 shares of common stock at an exercise price of $110.37 per share. That same day, he sold 10,600 shares at $184.39 per share and 476 shares at $184.54 per share in open-market transactions. On February 13, 2026, he sold an additional 1,122 shares at a weighted-average price of $182.3654 per share, with individual trades between $182.36 and $182.38. Following these direct transactions, he reported 0 directly owned common shares, plus 3,175 shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,198 shares ($2,246,989)
Net Sell
6 txns
Insider
Booth Thomas Ryder
Role
Chief Technology & Eng Ofr
Sold
12,198 shs ($2.25M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,122 | $182.3654 | $205K |
| Exercise | Non-Qualified Stock Option (Right to Buy) | 10,600 | $0.00 | -- |
| Exercise | Common Stock | 10,600 | $110.37 | $1.17M |
| Sale | Common Stock | 10,600 | $184.39 | $1.95M |
| Sale | Common Stock | 476 | $184.54 | $88K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Non-Qualified Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 3,175 shares (Indirect, By 401(k) plan)
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $182.36 to $182.38. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range provided. Option granted 1/29/2020. One-third of the shares subject to the option vested on January 31, 2021, January 31, 2022 and January 31, 2023, respectively.
FAQ
What insider transactions did Chevron (CVX) officer Thomas Ryder Booth report?
Thomas Ryder Booth reported exercising a non-qualified stock option for 10,600 Chevron common shares and selling 10,600, 476, and 1,122 shares in separate open-market transactions on February 12 and 13, 2026, at reported prices above the option’s exercise price.
What stock option did Thomas Ryder Booth exercise at Chevron (CVX)?
He exercised a non-qualified stock option covering 10,600 Chevron common shares at an exercise price of $110.37 per share. The option was granted on January 29, 2020, with vesting in three equal tranches on January 31 of 2021, 2022, and 2023.
What role does Thomas Ryder Booth hold at Chevron (CVX)?
Booth is identified as an officer of Chevron with the title Chief Technology & Engineering Officer. His status as an executive officer makes his equity transactions in Chevron stock subject to public reporting requirements under Section 16 of the Securities Exchange Act.
How is the February 13, 2026 Chevron (CVX) sale price for Booth calculated?
The February 13, 2026 sale of 1,122 Chevron shares used a weighted-average price of $182.3654. The shares were sold in multiple trades between $182.36 and $182.38, and detailed trade-by-trade information is available upon request to the parties identified.