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Chevron Corporation

Jeff B Gustavson (President, New Energies) sells CVX shares

4CVXFiled Nov 4, 2026, 4:17 PM ET· Period Nov 2, 2026

AI-generated summary

Jeff B Gustavson, President, New Energies at Chevron Corporation, exercised options for 24,439 shares of Common Stock for $2,720,667.39 at an average price of $111.32 and sold 24,439 shares of Common Stock for $5,638,275.26 at an average price of $230.71. Following these transactions, the insider directly held 3,818 shares of Common Stock.

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

Key facts

Insider
Jeff B Gustavson · President, New Energies
DateTransactionSharesPriceValueHeld afterOwnership
Nov 2, 2026M · exercise or conversion of a derivativeFootnotes F1+8,839$113.01$998,895.3912,657Direct
Nov 2, 2026M · exercise or conversion of a derivative+15,600$110.37$1,721,772.0028,257Direct
Nov 2, 2026S · open-market saleFootnotes F2−24,439$230.71$5,638,275.263,818Direct
Nov 2, 2026M · exercise or conversion of a derivativeNon-Qualified Stock Option (Right to Buy)Footnotes F3−8,839$0.00$0.000Direct
Nov 2, 2026M · exercise or conversion of a derivativeNon-Qualified Stock Option (Right to Buy)Footnotes F4−15,600$0.00$0.000Direct
Footnotes
  1. F1 This number includes the acquisition of stock resulting from the reinvestment of dividends on vested restricted stock units (32) issued under the Chevron Corporation 2022 Long-Term Incentive Plan.
  2. F2 This transaction was executed in multiple trades at prices ranging from $230.62 to $230.83. The price reported in Column 4 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.
  3. F3 Option granted 1/30/2019. One-third of the shares subject to the option vested on January 31, 2020, January 31, 2021 and January 31, 2022, respectively.
  4. F4 Option granted 1/29/2020. One-third of the shares subject to the option vested on January 31, 2021, January 31, 2022 and January 31, 2023, respectively.

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