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Chevron (NYSE: CVX) director receives 1,272 stock units as equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Austin Wanda M reported acquisition or exercise transactions in this Form 4 filing.

Chevron director Wanda M. Austin reported compensation-related equity activity. On May 27, 2026, she received 1,272 stock units of Chevron common stock at $0.0000 per unit under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan, including dividend equivalent accruals.

Following this grant, Austin holds 3,032 shares/units directly. An additional 16,751 shares are held indirectly through the Austin Family Trust, which now includes 1,544 shares that were previously held directly. These entries reflect director compensation and ownership structuring rather than open-market buying or selling.

Positive

  • None.

Negative

  • None.
Insider Austin Wanda M
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,272 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 3,032 shares (Direct, null); Common Stock — 16,751 shares (Indirect, By Austin Family Trust)
Footnotes (1)
  1. This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan. This number includes the acquisition of dividend equivalent accruals on stock units (72) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan. Includes 1,544 shares previously directly owned, which are now indirectly owned by the Austin Family Trust.
Stock units granted 1,272 stock units Grant to Wanda M. Austin on May 27, 2026
Grant price per unit $0.0000 per unit Equity compensation grant on May 27, 2026
Direct holdings after grant 3,032 shares/units Total direct ownership following the transaction
Indirect trust holdings 16,751 shares Held by Austin Family Trust after reclassification
Shares moved to trust 1,544 shares Previously directly owned, now indirectly held by trust
Dividend equivalent accruals 72 stock units Accrued on existing stock units under directors’ plan
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
"includes the acquisition of dividend equivalent accruals on stock units (72) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan."
indirectly owned financial
"Includes 1,544 shares previously directly owned, which are now indirectly owned by the Austin Family Trust."
Austin Family Trust financial
"Includes 1,544 shares previously directly owned, which are now indirectly owned by the Austin Family Trust."
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Austin Wanda M
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/27/2026A1,272(1)A$03,032(2)D
Common Stock16,751(3)IBy Austin Family Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
2. This number includes the acquisition of dividend equivalent accruals on stock units (72) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
3. Includes 1,544 shares previously directly owned, which are now indirectly owned by the Austin Family Trust.
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney
/s/ Rose Z. Pierson, Attorney-in-Fact for Wanda M. Austin05/29/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Chevron (CVX) director Wanda M. Austin report in this Form 4?

Wanda M. Austin reported receiving 1,272 stock units of Chevron common stock as a compensation grant. The units were issued at $0.0000 per share under a non-employee directors' equity compensation and deferral plan, not through open-market purchases.

How many Chevron (CVX) shares does Wanda M. Austin hold after this transaction?

After the reported activity, Wanda M. Austin holds 3,032 shares/units directly. In addition, the Austin Family Trust holds 16,751 shares indirectly, which includes 1,544 shares that were previously owned directly by her.

Was the Chevron (CVX) Form 4 transaction a market purchase or sale?

The Form 4 shows a grant or award acquisition of 1,272 stock units at $0.0000 per unit, not an open-market buy or sell. It reflects equity compensation to a non-employee director rather than discretionary trading in Chevron shares.

What is the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan mentioned for CVX?

The plan issues stock units and related dividend equivalent accruals to Chevron’s non-employee directors. In this filing, 1,272 stock units were issued to Wanda M. Austin under the plan, including 72 units from dividend equivalent accruals on existing stock units.

How are indirect Chevron (CVX) holdings reported for Wanda M. Austin?

Indirect holdings are reported as shares held by the Austin Family Trust. The filing shows 16,751 shares of Chevron common stock held indirectly, including 1,544 shares that were previously reported as directly owned and are now held by the trust.