Chevron (NYSE: CVX) CFO details stock vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chevron’s Chief Financial Officer Eimear P. Bonner reported equity award vesting and related share-withholding transactions. On February 10, 2026, restricted stock units representing 2,557 and 2,460 units converted into the same number of Chevron common shares at $0 exercise price.
To satisfy tax obligations, 1,007 and 969 common shares were withheld at $182.26 per share, coded as tax-withholding dispositions rather than open-market sales. After these transactions, Bonner directly held 8,428 common shares and indirectly held 408 shares through a Share Incentive Plan, along with remaining restricted stock units that continue to vest under Chevron’s long‑term incentive plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,017 shares exercised/converted
Mixed
7 txns
Insider
BONNER EIMEAR P
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,557 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,460 | $0.00 | -- |
| Exercise | Common Stock | 2,557 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,007 | $182.26 | $184K |
| Exercise | Common Stock | 2,460 | $0.00 | -- |
| Tax Withholding | Common Stock | 969 | $182.26 | $177K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,558 shares (Direct);
Common Stock — 7,944 shares (Direct);
Common Stock — 408 shares (Indirect, Share Incentive Plan)
Footnotes (1)
- Each restricted stock unit is the economic equivalent of one share of Chevron common stock. This number includes rounding of fractional shares. This number includes dividend equivalents (222 shares). Restricted stock units granted on February 6, 2024 under the Chevron Corporation 2022 Long-Term Incentive Plan. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to the award vested on February 10, 2025 and February 10, 2026, respectively, and one-third of the shares subject to the award will vest on February 10, 2027, and settle in shares of Chevron common stock on the date of vesting. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment. This number includes dividend equivalents (321 shares). Restricted stock units granted on February 4, 2025, under the Chevron Corporation 2022 Long-Term Incentive Plan. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to the award vested on February 10, 2026, and one-third of the shares subject to the award will vest on February 10, 2027 and February 10, 2028, respectively, and settle in shares of Chevron common stock on the date of vesting. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.
FAQ
What insider transactions did Chevron (CVX) CFO Eimear Bonner report?
Chevron CFO Eimear Bonner reported restricted stock units vesting into common stock and related tax share withholding. On February 10, 2026, 2,557 and 2,460 RSUs converted to shares, with 1,007 and 969 shares withheld at $182.26 per share for taxes.
Were Chevron (CVX) CFO Eimear Bonner’s transactions open-market stock sales?
The filing shows no open-market sales by Eimear Bonner. Shares coded “F” (1,007 and 969 shares at $182.26) were withheld to pay tax liabilities on vested restricted stock units, rather than being discretionary sales on the open market.
What restricted stock units vested for Chevron (CVX) CFO Eimear Bonner?
Restricted stock units granted in 2024 and 2025 under Chevron’s 2022 Long-Term Incentive Plan vested on February 10, 2026. Awards of 2,557 and 2,460 units, including dividend equivalents, settled in Chevron common stock as part of scheduled multi-year vesting tranches.
How do Chevron (CVX) restricted stock units work for executives like the CFO?
Each restricted stock unit equals one Chevron common share and can accrue dividend equivalents as additional units. Awards vest in scheduled one-third tranches over several years, then settle in shares subject to a two-year post-vesting holding period, which ends upon employment termination.