Chevron (NYSE: CVX) controller sells shares under 10b5-1 plan
Rhea-AI Filing Summary
Chevron Corp officer Alana K. Knowles, the Controller, reported exercising 3,200 non-qualified stock options at an exercise price of $132.69 per share on January 14, 2026. Those options converted into 3,200 shares of Chevron common stock and were then sold the same day at $168 per share under a Rule 10b5-1 trading plan adopted on February 21, 2025.
After these transactions, Knowles directly held 1,207 shares of Chevron common stock and 6,400 non-qualified stock options. She also beneficially owned 12,944 shares indirectly through a 401(k) plan, reflecting ongoing accumulation in the Chevron Employee Savings Investment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 3,200 | $0.00 | -- |
| Exercise | Common Stock | 3,200 | $132.69 | $425K |
| Sale | Common Stock | 3,200 | $168.00 | $538K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- 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. Between January 06, 2026 and January 14, 2026, the reporting person acquired 20 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan. Option granted 1/26/2022. One-third of the shares subject to the option vested on January 31, 2023, January 31, 2024, and January 31, 2025, respectively.
FAQ
What insider transaction did Chevron (CVX) report for Alana K. Knowles?
Alana K. Knowles, Chevron's Controller, reported exercising 3,200 non-qualified stock options at $132.69 per share and selling 3,200 shares of common stock at $168 per share on January 14, 2026.
What Chevron (CVX) stock options does Alana K. Knowles still own?
Following the exercise of 3,200 options, Knowles held 6,400 non-qualified stock options with an expiration date of January 26, 2032, tied to Chevron common stock.
When were the Chevron (CVX) options granted and how did they vest?
The non-qualified stock option was granted on January 26, 2022. According to the filing, one-third of the shares subject to the option vested on January 31, 2023, January 31, 2024, and January 31, 2025, respectively.