CHEVRON CORP 4

President, DM&C Andrew Benjamin Walz of Chevron Corp (CVX) exercised stock options into 16,800 shares and sold those shares for about $3.4 million on August 17, 2026.

On August 17, 2026, Chevron Corporation executive Andrew Benjamin Walz exercised two tranches of non-qualified stock options—4,100 shares at $88.20 and 12,700 shares at $132.69—and immediately sold 16,800 shares of common stock at a weighted-average price of $201.0615, yielding gross sale proceeds of roughly $3.38 million and realizing substantial intrinsic value from the option exercises. Following these transactions, he reported direct ownership of 14 shares of common stock plus an additional 8,990 shares held indirectly in a 401(k) plan, and the filing notes that his total includes 14 dividend-reinvestment shares from vested RSUs as well as 185 shares accumulated in the 401(k) plan between March 3, 2026 and August 17, 2026. The option exercises themselves are recorded at zero value in the derivatives table (reflecting their nature as conversions rather than purchases with cash), while the associated sale constitutes a significant discretionary disposition by a corporate officer.

Filing Facts

CIK

93410

Ticker

CVX

Form

4

Source Type

sec

Accession

0000093410-26-000175

Alert Tier

7