Chevron officer exercises 7,956 options and sells matching shares
Chevron Corp officer Alana K. Knowles, the company’s Controller, reported an option exercise and share sale.
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Rhea-AI Filing Summary
Chevron Corp officer Alana K. Knowles, the company’s Controller, reported an option exercise and share sale. On January 5, 2026 she exercised 7,956 non-qualified stock options for Chevron common stock at an exercise price of $88.20 per share, receiving an equal number of shares. That same day, she sold 7,956 shares of common stock at an average price of $165.05 per share under a Rule 10b5-1 trading plan adopted on February 21, 2025. Following these transactions, she directly held 1,207 Chevron shares, and also had 12,924 shares held indirectly through a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 7,956 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,956 | $88.20 | $702K |
| Sale | Common Stock | 7,956 | $165.05 | $1.31M |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 21, 2025.
- F2. Option granted 1/27/2021. One-third of the shares subject to the option vested on January 31, 2022, January 31, 2023 and January 31, 2024, respectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Chevron (CVX) report for Alana K. Knowles?
Chevron’s Controller, Alana K. Knowles, reported exercising 7,956 non-qualified stock options for common stock and selling 7,956 shares of Chevron common stock on January 5, 2026.
Was the Chevron (CVX) insider sale by Alana K. Knowles under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Alana K. Knowles on February 21, 2025.
What happened to the stock options reported by Alana K. Knowles at Chevron (CVX)?
The Form 4 shows a non-qualified stock option for 7,956 shares with an exercise price of $88.20 was exercised on January 5, 2026, leaving 0 derivative securities of that grant beneficially owned.
When were the Chevron (CVX) stock options granted and how did they vest for Alana K. Knowles?
A footnote explains the option was granted on January 27, 2021, with one-third of the shares vesting on January 31, 2022, January 31, 2023, and January 31, 2024, respectively.
AI-generated analysis. How Rhea-AI works. Not financial advice.