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Chevron Corporation

R. Hewitt Pate (Chief Legal Officer) sells CVX shares

4CVXFiled Oct 21, 2026, 4:38 PM ET· Period Oct 19, 2026

AI-generated summary

Chief Legal Officer R. Hewitt Pate exercised options for 43,100 shares of common stock for $5,718,939 and sold 43,100 shares of common stock for $9,766,243.02. The sales were made under a Rule 10b5-1 trading plan adopted on November 26, 2025. After these transactions, the insider directly held 8,791 shares.

View original filing on SEC.gov (opens SEC EDGAR)

Key facts

Insider
R. Hewitt Pate · Chief Legal Officer

Rule 10b5-1 plan · adopted Nov 26, 2025

DateTransactionSharesPriceValueHeld afterOwnership
Oct 19, 2026M · exercise or conversion of a derivativeFootnotes F1, F2+2,400$132.69$318,456.0011,191Direct
Oct 19, 2026S · open-market saleFootnotes F1, F3−2,400$225.61$541,465.928,791Direct
Oct 20, 2026M · exercise or conversion of a derivativeFootnotes F1+40,700$132.69$5,400,483.0049,491Direct
Oct 20, 2026S · open-market saleFootnotes F1, F4−40,700$226.65$9,224,777.108,791Direct
Oct 19, 2026M · exercise or conversion of a derivativeNon-Qualified Stock Option (Right to Buy)Footnotes F7−2,400$0.00$0.0040,700Direct
Oct 20, 2026M · exercise or conversion of a derivativeNon-Qualified Stock Option (Right to Buy)Footnotes F7−40,700$0.00$0.000Direct
Footnotes
  1. F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2025.
  2. F2 This number includes the acquisition of stock resulting from the reinvestment of dividends on vested restricted stock units (72) issued under the Chevron Corporation 2022 Long-Term Incentive Plan.
  3. F3 This transaction was executed in multiple trades at prices ranging from $225.57 to $225.67. The price reported above 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.
  4. F4 This transaction was executed in multiple trades at prices ranging from $226.50 to $226.96. The price reported above 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.
  5. F5 Between August 19, 2026 and October 20, 2026, the reporting person acquired 81 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.
  6. F6 The reporting person disclaims beneficial ownership of the shares held by his spouse's trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the shares held by his spouse's trust for purposes of Section 16 or for any other purpose.
  7. F7 Option granted 1/26/2022. One-third of the shares subject to the option vested on January 31, 2023, January 31, 2024 and January 31, 2025, respectively.

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Not investment advice. Summaries can contain errors; the SEC filing is the official record.