Chevron director granted 1,272 stock units
Austin Wanda M reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
Grant/Award: 1,272 shares
Grant/Award
2 txns
Insider
Austin Wanda M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,272 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 3,032 shares (Direct);
Common Stock — 16,751 shares (Indirect, By Austin Family Trust)
Footnotes (3)
- 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 (72) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
- F3. Includes 1,544 shares previously directly owned, which are now indirectly owned by the Austin Family Trust.
Key Figures
Stock units granted: 1,272 stock units
Grant price per unit: $0.0000 per unit
Direct holdings after grant: 3,032 shares/units
+3 more
6 metrics
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
Key Terms
Non-Employee Directors' Equity Compensation and Deferral Plan, stock units, dividend equivalent accruals, indirectly owned, +1 more
5 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
"includes the acquisition of dividend equivalent accruals on stock units (72) 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.
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."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
