Chevron's Mark A. Nelson sells 81,900 and 30,100 shares

Available on EDGAR 11/12/2026 - 04:11 PM EST Accepted by SEC EDGAR 11/12/2026 - 04:11 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Chevron Corp Vice Chairman Mark A. Nelson exercised options covering 81,900 shares at $88.20 and 30,100 shares at $179.08 on November 10, 2026, and reported sales of 81,900 and 30,100 shares at weighted-average prices of $210.4734 and $210.4828, respectively. The 81,900-share acquisition included 310 shares from reinvestment of dividends on vested restricted stock units; 19,441 shares were held indirectly through a 401(k) plan.

Insider Trade Summary

Exercise and Sale: 112,000 shares ($10.96M approx. pre-tax spread)

Exercise and Sale 6 txns

Insider NELSON MARK A

Role Vice Chairman

Sold 112,000 shs ($23.57M)

Approx. gross sale proceeds $23.57M

Approx. exercise cost $12.61M

Approx. pre-tax spread $10.96M

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Stock Option (Right to Buy) F5	81,900	$0.00	$0.00
Exercise	Non-Qualified Stock Option (Right to Buy) F6	30,100	$0.00	$0.00
Exercise	Common Stock F1	81,900	$88.20	$7.22M
Sale	Common Stock F2	81,900	$210.4734	$17.24M
Exercise	Common Stock	30,100	$179.08	$5.39M
Sale	Common Stock F3	30,100	$210.4828	$6.34M
Holding	Common Stock F4	--	--	--

Holdings After Transaction: Non-Qualified Stock Option (Right to Buy) — 0 options (Direct); Common Stock — 11,647 shares (Direct); Common Stock — 19,441 shares (Indirect, By 401(k) plan)

Holdings Before and After: Non-Qualified Stock Option (Right to Buy), 112,000 to 0 options (Direct)

Other Insiders: 2 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (6)

1. F1. This number includes the acquisition of stock resulting from the reinvestment of dividends on vested restricted stock units (310) issued under the Chevron Corporation 2022 Long-Term Incentive Plan.
2. F2. This transaction was executed in multiple trades at prices ranging from $210.13 to $210.765. The price reported in Column 4 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.
3. F3. This transaction was executed in multiple trades at prices ranging from $210.165 to $210.76. The price reported in Column 4 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.
4. F4. Between March 3, 2026 and November 10, 2026, the reporting person acquired 534 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
5. F5. 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.
6. F6. Option granted 1/25/2023. One-third of the shares subject to the option vested on January 31, 2024, January 31, 2025 and January 31, 2026, respectively.

Key Figures

Option shares exercised: 81,900 shares Option shares exercised: 30,100 shares Shares sold: 81,900 shares +4 more

7 metrics

Option shares exercised 81,900 shares Exercise price $88.20 per share; November 10, 2026

Option shares exercised 30,100 shares Exercise price $179.08 per share; November 10, 2026

Shares sold 81,900 shares Sale on November 10, 2026

Weighted-average sale price $210.4734 per share 81,900-share sale on November 10, 2026

Shares sold 30,100 shares Sale on November 10, 2026

Weighted-average sale price $210.4828 per share 30,100-share sale on November 10, 2026

Indirect shares held 19,441 shares Held through a 401(k) plan

Key Terms

Non-Qualified Stock Option (Right to Buy), weighted-average sale price, Chevron Employee Savings Investment Plan, restricted stock units

4 terms

Non-Qualified Stock Option (Right to Buy) technical

"Non-Qualified Stock Option (Right to Buy)"

weighted-average sale price financial

"reflects the weighted-average sale price"

Chevron Employee Savings Investment Plan financial

"under the Chevron Employee Savings Investment Plan"

restricted stock units financial

"dividends on vested restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CVX shares did Vice Chairman Mark A. Nelson sell, and at what prices?

Mark A. Nelson sold 81,900 shares at a weighted-average $210.4734 per share and 30,100 shares at a weighted-average $210.4828 per share on November 10, 2026. The sales were executed in multiple trades, ranging from $210.13 to $210.765 for the 81,900-share sale and $210.165 to $210.76 for the 30,100-share sale.

What CVX options did Mark A. Nelson exercise?

The options covered 81,900 shares at an $88.20 exercise price and 30,100 shares at a $179.08 exercise price. The first option was granted January 27, 2021, and one-third vested on January 31, 2022, January 31, 2023, and January 31, 2024. The second was granted January 25, 2023, and one-third vested on January 31, 2024, January 31, 2025, and January 31, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

NELSON MARK A

(Last) (First) (Middle)

1400 SMITH STREET

(Street)

HOUSTON TEXAS 77002

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	Vice Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	11/10/2026		M		81,900	A	$88.2	93,547(1)	D
Common Stock	11/10/2026		S		81,900	D	$210.4734(2)	41,747	D
Common Stock	11/10/2026		M		30,100	A	$179.08	123,647	D
Common Stock	11/10/2026		S		30,100	D	$210.4828(3)	11,647	D
Common Stock								19,441(4)	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
Non-Qualified Stock Option (Right to Buy)	$88.2	11/10/2026		M			81,900	(5)	01/27/2031	Common Stock	81,900	$0	0	D
Non-Qualified Stock Option (Right to Buy)	$179.08	11/10/2026		M			30,100	(6)	01/25/2033	Common Stock	30,100	$0	0	D

Explanation of Responses:

1. This number includes the acquisition of stock resulting from the reinvestment of dividends on vested restricted stock units (310) issued under the Chevron Corporation 2022 Long-Term Incentive Plan.

2. This transaction was executed in multiple trades at prices ranging from $210.13 to $210.765. The price reported in Column 4 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.

3. This transaction was executed in multiple trades at prices ranging from $210.165 to $210.76. The price reported in Column 4 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.

4. Between March 3, 2026 and November 10, 2026, the reporting person acquired 534 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

5. 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.

6. Option granted 1/25/2023. One-third of the shares subject to the option vested on January 31, 2024, January 31, 2025 and January 31, 2026, respectively.

	/s/ Rose Z. Pierson, Attorney-in-Fact for Mark A. Nelson	11/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)