Director at Chevron (NYSE: CVX) granted 1,272 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Frank John reported acquisition or exercise transactions in this Form 4 filing.
Chevron director Frank John reported updated share holdings and a new equity award. He received 1,272 shares of Chevron common stock as a grant or award at a price of $0.00 per share, increasing his direct ownership to 20,333 shares. The filing also shows 2,650 shares held indirectly through the Frank and Kim Living Trust. Footnotes explain that these represent stock units issued under Chevron’s Non-Employee Directors' Equity Compensation and Deferral Plan, including dividend equivalent accruals on stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Frank John
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,272 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,333 shares (Direct, null);
Common Stock — 2,650 shares (Indirect, By Frank and Kim Living Trust)
Footnotes (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 (789) issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
Key Figures
Stock unit grant: 1,272 shares
Grant price: $0.00 per share
Direct holdings after grant: 20,333 shares
+2 more
5 metrics
Stock unit grant
1,272 shares
Grant, award, or other acquisition of Chevron common stock
Grant price
$0.00 per share
Price for 1,272-share grant of common stock
Direct holdings after grant
20,333 shares
Common stock directly owned following the transaction
Indirect trust holdings
2,650 shares
Common stock held by Frank and Kim Living Trust
Dividend equivalent accruals
789 stock units
Dividend equivalent accruals on stock units under directors’ plan
Key Terms
Grant, award, or other acquisition, Non-Employee Directors' Equity Compensation and Deferral Plan, stock units, dividend equivalent accruals, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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 (789) issued under the plan"
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: By Frank and Kim Living Trust"
FAQ
What did Chevron (CVX) director Frank John report in this Form 4?
Frank John reported an updated ownership position in Chevron common stock. He received 1,272 shares as a grant or award and now directly holds 20,333 shares, plus an additional 2,650 shares held indirectly through the Frank and Kim Living Trust.
What are Frank John’s total reported Chevron (CVX) holdings after the Form 4?
After the reported transactions, he directly owns 20,333 Chevron common shares. The filing also lists 2,650 shares held indirectly through the Frank and Kim Living Trust, giving visibility into both his personal and trust-based positions in the company’s common stock.
What plan governed the Chevron (CVX) stock units reported for Frank John?
The stock units were issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan. Footnotes indicate these include dividend equivalent accruals on 789 stock units, reflecting ongoing director compensation rather than discretionary open-market trading activity.
Does this Chevron (CVX) Form 4 show any stock sales by Frank John?
The filing does not report any open-market sales of Chevron shares by Frank John. It shows a grant or award of 1,272 shares at no cost and updated direct and indirect holdings, indicating compensation-related equity rather than a sale transaction.