Chevron (CVX) director Marillyn Hewson awarded 1,272-share stock grant, holds 15,020 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chevron Corporation director Marillyn A. Hewson reported a compensation-related stock grant. On May 27, 2026, she acquired 1,272 shares of Chevron common stock at a stated price of $0.00 per share as a grant or award, increasing her direct holdings to 15,020 shares.
Footnotes explain that these stock units were issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan and include 328 units from dividend equivalent accruals. The filing also notes an indirect holding of 59 shares through a spouse trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HEWSON MARILLYN A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,272 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,020 shares (Direct, null);
Common Stock — 59 shares (Indirect, By Spouse Trust)
Footnotes (1)
- This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan. This number includes the acquisition of dividend equivalent accruals on stock units (328) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
Key Figures
Stock grant: 1,272 shares
Grant price: $0.00 per share
Direct holdings after grant: 15,020 shares
+2 more
5 metrics
Stock grant
1,272 shares
Common Stock grant on May 27, 2026
Grant price
$0.00 per share
Stated price for awarded shares
Direct holdings after grant
15,020 shares
Common Stock directly owned after transaction
Indirect holdings
59 shares
Held indirectly via spouse trust
Dividend equivalent units
328 units
Included in stock units under directors’ plan
Key Terms
Non-Employee Directors' Equity Compensation and Deferral Plan, dividend equivalent accruals, stock units
3 terms
Non-Employee Directors' Equity Compensation and Deferral Plan financial
"stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan"
dividend equivalent accruals financial
"includes the acquisition of dividend equivalent accruals on stock units (328)"
stock units financial
"This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
FAQ
What did Chevron (CVX) director Marillyn Hewson report in this Form 4?
Marillyn A. Hewson reported receiving a grant of Chevron common stock. The filing shows an award of 1,272 shares at a stated price of $0.00, increasing her direct ownership to 15,020 shares, plus 59 shares held indirectly through a spouse trust.
Was Marillyn Hewson’s Chevron (CVX) Form 4 transaction a market purchase or a grant?
The Form 4 reflects a grant or award, not a market purchase. The 1,272 Chevron shares were acquired at a stated price of $0.00 as compensation, issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
What is the role of dividend equivalent accruals in Marillyn Hewson’s Chevron (CVX) grant?
The footnotes state that the reported number includes 328 stock units from dividend equivalent accruals. These accruals represent additional units granted in connection with dividends under the Non-Employee Directors' Equity Compensation and Deferral Plan.
How are Marillyn Hewson’s indirect Chevron (CVX) holdings structured in this Form 4?
The Form 4 lists 59 Chevron shares as indirectly owned via a spouse trust. This is classified as indirect ownership, separate from the 15,020 shares she holds directly after the reported grant or award transaction.