STOCK TITAN

Chevron (NYSE: CVX) executive Walz sells 1,463 shares in market

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Chevron Corp executive Andrew Benjamin Walz, President of DM&C, reported an open-market sale of 1,463 shares of common stock on February 18, 2026, at a weighted-average price of $183.8345 per share. The sale was executed in multiple trades within a narrow price range.

Following this transaction, Walz reported holding no shares directly and 8,802 shares indirectly through a 401(k) plan. The filing notes that detailed trade-by-trade pricing within the reported range is available upon request from the reporting person.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Walz Andrew Benjamin

(Last) (First) (Middle)
1400 SMITH STREET

(Street)
HOUSTON TX 77002

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CHEVRON CORP [ CVX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
President, DM&C
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/18/2026 S 1,463 D $183.8345(1) 0 D
Common Stock 8,802 I By 401(k) plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $183.834 to $183.835. 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.
/s/ Christopher A. Butner, Attorney-in-Fact for Andrew Benjamin Walz 02/20/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider stock transaction did Chevron (CVX) report for Andrew Walz?

Andrew Benjamin Walz reported selling Chevron common stock. He executed an open-market sale of 1,463 Chevron shares on February 18, 2026, as disclosed in a Form 4 filing, reflecting routine insider trading activity by a company executive.

How many Chevron (CVX) shares did Andrew Walz sell and at what price?

Andrew Walz sold 1,463 Chevron common shares in an open-market transaction. The filing reports a weighted-average sale price of $183.8345 per share, with individual trades executed at prices ranging from $183.834 to $183.835.

What is Andrew Walz’s role at Chevron (CVX) in this Form 4 filing?

Andrew Benjamin Walz is identified as President, DM&C at Chevron. The Form 4 lists him as an officer of the company, and the reported stock sale reflects trading activity in Chevron common stock by this executive.

How many Chevron (CVX) shares does Andrew Walz hold after the reported sale?

After the transaction, Walz reported no direct Chevron share ownership. The Form 4 shows zero directly held shares and 8,802 shares held indirectly through a 401(k) plan associated with him.

What does the Form 4 footnote reveal about the Chevron (CVX) share sale?

The footnote explains the sale was split into multiple trades. Trades occurred between $183.834 and $183.835 per share, and the reported price is a weighted average. Walz undertakes to provide detailed trade information to regulators or shareholders on request.

What type of transaction code is used in Andrew Walz’s Chevron (CVX) Form 4?

The transaction is coded “S” for a sale transaction. This code indicates a sale of Chevron common stock in an open-market or private transaction, consistent with the description provided in the Form 4 filing.
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