Chevron (NYSE: CVX) CEO Wirth sells 5,547 shares at $186.9958
Rhea-AI Filing Summary
Chevron Chairman and CEO Michael K. Wirth reported selling 5,547 shares of common stock on August 5, 2026 at a weighted average price of $186.9958. After the sale he holds 26,308 shares directly, including 589 shares from dividend reinvestment on vested restricted stock units. He also reports indirect interests in 17,784 shares held by a limited partnership (1% general partner interest, beneficial ownership disclaimed beyond his pecuniary interest), 19,036 shares in a 401(k) plan and 51 shares in a family trust.
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Insights
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Insider Trade Summary
Net Seller: 5,547 shares
Net Sell
4 txns
Insider
Wirth Michael K
Role
Chairman and CEO
Sold
5,547 shs ($1.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 5,547 | $186.9958 | $1.04M |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 26,308 shares (Direct);
Common Stock — 17,784 shares (Indirect, By Limited Partnership);
Common Stock — 19,036 shares (Indirect, By 401(k) plan);
Common Stock — 51 shares (Indirect, By Wirth Family Trust)
Footnotes (4)
- F1. This transaction was executed in multiple trades at prices ranging from $186.97 to $187.05. 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.
- F2. This number includes the acquisition of stock resulting from the reinvestment of dividends on vested restricted stock units (589) issued under the Chevron Corporation 2022 Long-Term Incentive Plan.
- F3. The reporting person owns only a 1% general partnership interest in the limited partnership. The remaining limited partnership interests are owned equally by four separate trusts for the benefit of each of the reporting person's children. The reporting person disclaims beneficial ownership of the shares held by the limited partnership except to the extent of his pecuniary interest therein.
- F4. Between March 3, 2026 and August 5, 2026, the reporting person acquired 352 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
Key Figures
Shares sold: 5,547 shares
Weighted average sale price: $186.9958 per share
Direct shares after sale: 26,308 shares
+5 more
8 metrics
Shares sold
5,547 shares
Common stock sold by Michael K. Wirth on August 5, 2026
Weighted average sale price
$186.9958 per share
Weighted average price for the 5,547 shares sold
Direct shares after sale
26,308 shares
Direct Chevron common stock held by Michael K. Wirth following the sale
Dividend reinvestment shares
589 shares
Shares from reinvested dividends on vested restricted stock units included in direct holdings
Limited partnership indirect shares
17,784 shares
Chevron shares held by a limited partnership in which Wirth has a 1% general partnership interest
401(k) plan shares
19,036 shares
Chevron common stock held under the Chevron Employee Savings Investment Plan
Family trust shares
51 shares
Chevron common stock held by the Wirth Family Trust
401(k) shares acquired
352 shares
Shares acquired under the Chevron Employee Savings Investment Plan between March 3, 2026 and August 5, 2026
Key Terms
weighted average sale price, restricted stock units, pecuniary interest, Chevron Employee Savings Investment Plan, +1 more
5 terms
weighted average sale price financial
"The price reported in Column 4 reflects the weighted average sale price"
restricted stock units financial
"reinvestment of dividends on vested restricted stock units issued under the Chevron Corporation 2022 Long-Term Incentive Plan"
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.
pecuniary interest financial
"disclaims beneficial ownership of the shares held by the limited partnership except to the extent of his pecuniary interest therein"
Chevron Employee Savings Investment Plan financial
"acquired 352 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan"
general partnership interest financial
"The reporting person owns only a 1% general partnership interest in the limited partnership"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What Chevron (CVX) stock transaction did CEO Michael Wirth report on August 5, 2026?
Michael Wirth reported selling 5,547 shares of Chevron common stock on August 5, 2026 at a weighted average price of $186.9958 per share. The sale involved multiple trades, with prices ranging from $186.97 to $187.05.
What does the Form 4 say about Michael Wirth’s Chevron (CVX) 401(k) purchases?
The filing notes that between March 3, 2026 and August 5, 2026, Michael Wirth acquired 352 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
How does the limited partnership structure affect Michael Wirth’s Chevron (CVX) ownership reporting?
The limited partnership holds 17,784 Chevron shares. Michael Wirth owns only a 1% general partnership interest; four trusts for his children hold the remaining interests. He disclaims beneficial ownership except to the extent of his pecuniary interest.