Chevron director granted 1,272 stock units
HERNANDEZ ENRIQUE JR reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
HERNANDEZ ENRIQUE JR reported acquisition or exercise transactions in this Form 4 filing.
Chevron Corp director Enrique Hernandez Jr reported receiving an award of 1,272 shares of Common Stock on May 27, 2026. The award was granted at $0.00 per share as equity compensation, rather than through an open-market purchase.
After this grant, Hernandez directly holds 34,859 Chevron stock units, which include 1,406 units attributable to dividend equivalent accruals under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,272 shares
Grant/Award
1 txn
Insider
HERNANDEZ ENRIQUE JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,272 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 34,859 shares (Direct)
Footnotes (2)
- F1. This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
- F2. This number includes the acquisition of dividend equivalent accruals on stock units (1,406) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
Key Figures
Stock units granted: 1,272 shares
Grant price: $0.00 per share
Total holdings after grant: 34,859 stock units
+1 more
4 metrics
Stock units granted
1,272 shares
Award of Common Stock on May 27, 2026
Grant price
$0.00 per share
Equity compensation award, not open-market purchase
Total holdings after grant
34,859 stock units
Directly held by Enrique Hernandez Jr following the transaction
Dividend equivalent accrual units
1,406 units
Included in stock units issued under directors’ equity and deferral plan
Key Terms
Non-Employee Directors' Equity Compensation and Deferral Plan, stock units, dividend equivalent accruals, Form 4
4 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"
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.
dividend equivalent accruals financial
"This number includes the acquisition of dividend equivalent accruals on stock units (1,406) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan."
Dividend equivalent accruals are bookkeeping entries that track amounts owed to holders of stock-based awards (like restricted stock units or certain options) as if cash dividends had been paid on the underlying shares. Think of it as a running tab a company keeps for future payments: it matters to investors because these accruals increase reported compensation costs, can dilute shareholders when paid in stock, and signal future cash or share outflows tied to corporate dividend policy.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Chevron (CVX) director Enrique Hernandez Jr report on this Form 4 filing?
Enrique Hernandez Jr reported receiving an award of 1,272 shares of Chevron Common Stock at $0.00 per share. This equity grant was issued under Chevron’s Non-Employee Directors' Equity Compensation and Deferral Plan, increasing his directly held stock units to 34,859 after the transaction.
What is Enrique Hernandez Jr’s total Chevron (CVX) holding after the reported grant?
Following the award, Hernandez directly holds 34,859 Chevron stock units. This figure includes units received from prior awards as well as 1,406 units attributable to dividend equivalent accruals under Chevron’s Non-Employee Directors' Equity Compensation and Deferral Plan.
Was the Chevron (CVX) director’s Form 4 transaction an open-market stock purchase or sale?
The transaction was not an open-market trade; it was coded as a grant or award acquisition. Hernandez received 1,272 shares at $0.00 per share, indicating stock-based compensation under Chevron’s non-employee directors’ equity plan rather than a discretionary market buy or sell.
What is the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan mentioned in the filing?
The plan is Chevron’s program for granting stock units and related awards to non-employee directors. In this filing, Hernandez’s 1,272-share grant and 1,406 dividend equivalent accrual units are both issued under this plan, aligning director compensation with Chevron’s equity performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
