CVX insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Hewitt Pate Chief Legal Officer	2,470	$205.11	n/a	n/a	Aug 18, 2026	Aug 20, 2026

What stands out

Six insiders sold $467M with no disclosed plan: John Hess ($350M), Michael Wirth ($64.6M) and Mark Nelson ($34.2M), plus 3 more. The filings don't state a reason.John Hess: largest such sale, Aug 3, 2026 · Michael Wirth: largest such sale, Aug 14, 2026 · Mark Nelson: largest such sale, Mar 2, 2026

Percentages cover 15 of 23 officers and directors. 8 are left out

Left out: John Hess, Michael Wirth, Hewitt Pate, Mark Nelson, Alana Knowles, Eimear Bonner and Jeff Gustavson (holdings couldn't be fully reconciled); Thomas Horton (held no vested shares at the start).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is 100% of that person's own stake; not comparable between people. The stake is the vested shares held at the start of the period (Oct 9, 2025); the gold part is what they sold.

John Hess

Director

Sold $350M (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$350MNo plan disclosed

Michael Wirth

Chairman and CEO, Director

Sold $168M (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$168M62% planned 38% no plan disclosed

Hewitt Pate

Chief Legal Officer

Sold $42.9M (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$42.9M99% planned 1% no plan disclosed

Mark Nelson

Vice Chairman

Sold $34.2M (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$34.2MNo plan disclosed

Eimear Bonner

Chief Financial Officer

Sold $20.2M (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$20.2MDisclosed plan

All 9 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planNo plan disclosedOne dollar scale for every month; the tallest bar is labeled

Common questions

Is the Chevron Corporation CEO selling stock?

Yes. Michael Wirth sold 916K shares ($168M) in the past 12 months, 62% of it under a trading plan disclosed in the filings.

Why are Chevron Corporation insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 27% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 73% had no disclosed plan. A trading plan schedules sales in advance.

Are any Chevron Corporation insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did Chevron Corporation insiders sell?

About 19% of the shares they held or received (after tax withholding) during the period. The usual measure, against starting holdings alone, can't be used here because most of the shares sold arrived during the period. That covers the 12 months to Oct 9, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold9 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
John Hess Director	$350M 1.94M shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Michael Wirth Chairman and CEO, Director	$168M 916K shares	i No percentage: holdings couldn't be fully reconciled.	62% under a disclosed plan 38% no plan disclosed
Hewitt Pate Chief Legal Officer	$42.9M 224K shares	i No percentage: holdings couldn't be fully reconciled.	99% under a disclosed plan 1% no plan disclosed
Mark Nelson Vice Chairman	$34.2M 185K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Eimear Bonner Chief Financial Officer	$20.2M 114K shares	i No percentage: holdings couldn't be fully reconciled.	Disclosed plan
Andrew Walz President, DM&C	$9.9M 53K shares	81%† i † Most of the shares Andrew Walz sold arrived during the period, so this is shares sold as a share of the 8.7K held at the start plus the 58K received, less 1K withheld by the company for taxes.	No plan disclosed
Jeff Gustavson President, New Energies	$5.4M 30K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Thomas Booth Chief Technology & Eng Ofr	$3.3M 18K shares	75%† i † Most of the shares Thomas Booth sold arrived during the period, so this is shares sold as a share of the 3.2K held at the start plus the 22K received, less 662 withheld by the company for taxes.	No plan disclosed
Alana Knowles Controller	$2.8M 17K shares	i No percentage: holdings couldn't be fully reconciled.	84% under a disclosed plan 16% no plan disclosed

The full ownership picture16 of 23 insiders fully reconciled · 23 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 9, 2025

Sold

Held Oct 9, 2026

Still held

John Hess

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +1,395,759 shares on Nov 20, 2025 (Trust). See the filing Sales and other transactions for John Hess are complete.

Director

n/a

−1.94M

n/a

Vesting, gifts, unvested awards and holding lines for John Hess

+709Kshares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

In-kind distributions to the fund's own investors are labeled as distributions, not sales.
An owner entity could not be identified from the footnotes.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +1,395,759 shares on Nov 20, 2025 (Trust). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	278,539	363,711
Limited Partnership	Common Stock	7,244,497	5,000,000
LLC	Common Stock	307,500	307,500
401(k)	Common Stock	76,111	76,111
Family LLC	Common Stock	29,471	29,471
Trust	Common Stock	7,286	178,045
GST Trust	Common Stock	0	16,404
Family Trust	Common Stock	0	439,786

Michael Wirth

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +2 shares on Feb 10, 2026 (Direct). See the filing Sales and other transactions for Michael Wirth are complete.

Chairman and CEO, Director

n/a

−916K

n/a

Vesting, gifts, unvested awards and holding lines for Michael Wirth

+992Kshares vested or exercised

0gifted (net of own trusts)

−13Kwithheld by the company for taxes

133K → 249Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +2 shares on Feb 10, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	14,137	26,308
401(k) plan	Common Stock	18,276	19,036
Limited Partnership	Common Stock	17,784	17,784
Wirth Family Trust	Common Stock	51	51

Additional holdings last reported Jun 21, 2019, not confirmed since: 17,784 shares. Not included in any total or percentage on this page.

Wirth Revocable Trust, Common Stock: 17,784 shares, last reported Jun 21, 2019

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
146,376	$113.01	Jan 30, 2029	$13.5M
115,100	$152.35	Feb 6, 2034	$6.1M
116,400	$153.22	Feb 4, 2035	$6.0M

Estimate: options held × ($205.11 − strike price), using the most recent insider trade price on Form 4 (Aug 18, 2026), not a market close.

Charles Moorman

Director

48K

no sales

Vesting, gifts, unvested awards and holding lines for Charles Moorman

0shares vested or exercised

0gifted (net of own trusts)

141K → 181Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	47,756	47,756

Enrique Hernandez Jr.

Minor difference of 1,406 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Director

32K

35K

no sales

Vesting, gifts, unvested awards and holding lines for Enrique Hernandez Jr.

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	32,181	34,859

Reconciliation: minor difference of 1,406 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Alice Gast

Director

29K

no sales

Vesting, gifts, unvested awards and holding lines for Alice Gast

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	29,121	29,121

Hewitt Pate

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +3 shares on Feb 10, 2026 (Direct). See the filing Sales and other transactions for Hewitt Pate are complete.

Chief Legal Officer

n/a

−224K

n/a

Vesting, gifts, unvested awards and holding lines for Hewitt Pate

+239Kshares vested or exercised

0gifted (net of own trusts)

−2.9Kwithheld by the company for taxes

33K → 67Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +3 shares on Feb 10, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	4,079	8,719
Spouse Trust	Common Stock	13,264	10,794
401(k) plan	Common Stock	8,917	9,664
Pate Family Trust	Common Stock	20	20

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
28,200	$152.35	Feb 6, 2034	$1.5M
28,800	$153.22	Feb 4, 2035	$1.5M

Estimate: options held × ($205.11 − strike price), using the most recent insider trade price on Form 4 (Aug 18, 2026), not a market close.

Mark Nelson

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +1 shares on Feb 10, 2026 (Direct). See the filing Sales and other transactions for Mark Nelson are complete.

Vice Chairman

n/a

−185K

n/a

Vesting, gifts, unvested awards and holding lines for Mark Nelson

+209Kshares vested or exercised

0gifted (net of own trusts)

−4.4Kwithheld by the company for taxes

43K → 85Kunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +1 shares on Feb 10, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	5,272	11,337
401(k) plan	Common Stock	18,021	18,907

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
36,800	$152.35	Feb 6, 2034	$1.9M
45,900	$153.22	Feb 4, 2035	$2.4M

Estimate: options held × ($205.11 − strike price), using the most recent insider trade price on Form 4 (Aug 18, 2026), not a market close.

John Frank

Minor difference of 789 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Director

21K

23K

no sales

Vesting, gifts, unvested awards and holding lines for John Frank

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	18,272	20,333
Frank and Kim Living Trust	Common Stock	2,650	2,650

Reconciliation: minor difference of 789 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Debra Reed

Minor difference of 506 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Director

20K

22K

no sales

Vesting, gifts, unvested awards and holding lines for Debra Reed

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	15,647	17,420
Reed Revocable Trust	Common Stock	4,591	4,596

Reconciliation: minor difference of 506 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Wanda Austin

Minor difference of 72 shares. Difference is under 0.5% of holdings.

Director

18K

20K

no sales

Vesting, gifts, unvested awards and holding lines for Wanda Austin

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	3,232	3,032
Austin Family Trust	Common Stock	15,207	16,751

Reconciliation: minor difference of 72 shares. Difference is under 0.5% of holdings.

Robert Neff Jr.

Minor difference of 265 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Started reporting during the period; starting holdings are from the Form 3.

President, Upstream

18K

19K

no sales

Vesting, gifts, unvested awards and holding lines for Robert Neff Jr.

+16Kshares vested or exercised

0gifted (net of own trusts)

−765withheld by the company for taxes

32K → 53Kunvested awards, start → end

Started reporting during the period; starting holdings are from the Form 3.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	8,366	9,516
401(k) plan	Common Stock	9,791	9,963
Spouse	Common Stock	1	1

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
19,334	$110.37	Jan 29, 2030	$1.8M
41,134	$88.20	Jan 27, 2031	$4.8M
32,500	$132.69	Jan 26, 2032	$2.4M
17,400	$179.08	Jan 25, 2033	$453K
21,200	$152.35	Feb 6, 2034	$1.1M
21,700	$153.22	Feb 4, 2035	$1.1M

Estimate: options held × ($205.11 − strike price), using the most recent insider trade price on Form 4 (Aug 18, 2026), not a market close.

Reconciliation: minor difference of 265 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Donald Umpleby III

Minor difference of 55 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Director

15K

17K

no sales

Vesting, gifts, unvested awards and holding lines for Donald Umpleby III

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	1,704	3,031
Umpleby Revocable Trust	Common Stock	13,714	13,714
Spouse Revocable Trust	Common Stock	55	55
Spouse Irrevocable Trust	Common Stock	3	3

Reconciliation: minor difference of 55 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Dambisa Moyo

Minor difference of 243 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

15K

14K

no sales

Vesting, gifts, unvested awards and holding lines for Dambisa Moyo

0shares vested or exercised

−1.8Kgifted (net of own trusts)

none reportedunvested awards, start → end

Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	14,772	14,495

Reconciliation: minor difference of 243 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Alana Knowles

Controller

n/a

−17K

n/a

Vesting, gifts, unvested awards and holding lines for Alana Knowles

+20Kshares vested or exercised

0gifted (net of own trusts)

−1.2Kwithheld by the company for taxes

10K → 20Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	1,181	0
401(k) plan	Common Stock	12,732	7,981

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
3,200	$132.69	Jan 26, 2032	$232K
10,700	$152.35	Feb 6, 2034	$565K
10,900	$153.22	Feb 4, 2035	$566K

Estimate: options held × ($205.11 − strike price), using the most recent insider trade price on Form 4 (Aug 18, 2026), not a market close.

Marillyn Hewson

Minor difference of 328 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Director

13K

15K

no sales

Vesting, gifts, unvested awards and holding lines for Marillyn Hewson

0shares vested or exercised

0gifted (net of own trusts)

34K → 58Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	13,420	15,020
Spouse Trust	Common Stock	59	59

Reconciliation: minor difference of 328 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Jon Huntsman Jr.

Minor difference of 170 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. New Form 3 filed 2020-09-17; earlier filings set aside.

Director

11K

12K

no sales

Vesting, gifts, unvested awards and holding lines for Jon Huntsman Jr.

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Unexplained small increases, consistent with stock unit vesting or reinvested dividends.
New Form 3 filed 2020-09-17; earlier filings set aside.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	10,560	12,002

Reconciliation: minor difference of 170 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Andrew Walz

Minor difference of 311 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Started reporting during the period; starting holdings are from the Form 3.

President, DM&C

8.7K

−53K

not meaningful

Vesting, gifts, unvested awards and holding lines for Andrew Walz

+58Kshares vested or exercised

0gifted (net of own trusts)

−1Kwithheld by the company for taxes

16K → 29Kunvested awards, start → end

Started reporting during the period; starting holdings are from the Form 3.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	11	14
401(k) plan	Common Stock	8,694	8,990

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
8,700	$179.08	Jan 25, 2033	$226K
10,700	$152.35	Feb 6, 2034	$565K
15,400	$153.22	Feb 4, 2035	$799K

Estimate: options held × ($205.11 − strike price), using the most recent insider trade price on Form 4 (Aug 18, 2026), not a market close.

Reconciliation: minor difference of 311 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Cynthia Warner

Minor difference of 259 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Director

6.3K

7.8K

no sales

Vesting, gifts, unvested awards and holding lines for Cynthia Warner

0shares vested or exercised

0gifted (net of own trusts)

1.8K → 3.4Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	6,306	7,837

Reconciliation: minor difference of 259 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Eimear Bonner

Chief Financial Officer

n/a

−114K

n/a

Vesting, gifts, unvested awards and holding lines for Eimear Bonner

+128Kshares vested or exercised

0gifted (net of own trusts)

−2.7Kwithheld by the company for taxes

37K → 72Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	4,174	8,427
Share Incentive Plan	Common Stock	393	408

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
9,400	$152.35	Feb 6, 2034	$496K
19,200	$153.22	Feb 4, 2035	$996K

Estimate: options held × ($205.11 − strike price), using the most recent insider trade price on Form 4 (Aug 18, 2026), not a market close.

Thomas Booth

Minor difference of 1 share. Difference is under 0.5% of holdings.

Chief Technology & Eng Ofr

3.2K

−18K

3.2K

not meaningful

Vesting, gifts, unvested awards and holding lines for Thomas Booth

+22Kshares vested or exercised

0gifted (net of own trusts)

−662withheld by the company for taxes

11K → 25Kunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	6	0
401(k) plan	Common Stock	3,175	3,175
Booth Family Trust	Common Stock	5	0

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
12,700	$132.69	Jan 26, 2032	$920K
6,900	$179.08	Jan 25, 2033	$180K
8,500	$152.35	Feb 6, 2034	$448K
8,800	$153.22	Feb 4, 2035	$457K

Estimate: options held × ($205.11 − strike price), using the most recent insider trade price on Form 4 (Aug 18, 2026), not a market close.

Reconciliation: minor difference of 1 share. Difference is under 0.5% of holdings.

Amit Ghai

Started reporting during the period; starting holdings are from the Form 3.

Controller

2.1K

no sales

Vesting, gifts, unvested awards and holding lines for Amit Ghai

0shares vested or exercised

0gifted (net of own trusts)

4K → 4Kunvested awards, start → end

Started reporting during the period; starting holdings are from the Form 3.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	1,701	1,701
401(k) plan	Common Stock	432	432

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
3,600	$113.01	Jan 30, 2029	$332K
4,500	$110.37	Jan 29, 2030	$426K
8,000	$88.20	Jan 27, 2031	$935K
4,300	$132.69	Jan 26, 2032	$311K
2,300	$179.08	Jan 25, 2033	$60K
2,800	$152.35	Feb 6, 2034	$148K
2,900	$153.22	Feb 4, 2035	$150K

Estimate: options held × ($205.11 − strike price), using the most recent insider trade price on Form 4 (Aug 18, 2026), not a market close.

Jeff Gustavson

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +14,044 shares on Aug 11, 2026 (Direct). See the filing Sales and other transactions for Jeff Gustavson are complete.

President, New Energies

n/a

−30K

n/a

Vesting, gifts, unvested awards and holding lines for Jeff Gustavson

+36Kshares vested or exercised

0gifted (net of own trusts)

−762withheld by the company for taxes

23K → 36Kunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +14,044 shares on Aug 11, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	1,617	3,786
401(k) plan	Common Stock	3	3

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
8,839	$113.01	Jan 30, 2029	$814K
10,700	$152.35	Feb 6, 2034	$565K
10,900	$153.22	Feb 4, 2035	$566K

Estimate: options held × ($205.11 − strike price), using the most recent insider trade price on Form 4 (Aug 18, 2026), not a market close.

Thomas Horton

Minor difference of 4 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Started reporting during the period; starting holdings are from the Form 3.

Director

1.7K

no sales

Vesting, gifts, unvested awards and holding lines for Thomas Horton

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Started reporting during the period; starting holdings are from the Form 3.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	0	1,734

Reconciliation: minor difference of 4 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

16 of 23 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (3 exactly, 13 with a minor or footnoted difference). For 7 we show sales but not holdings; the ! icon on their rows explains why. Percentages cover 15 of 23 officers and directors. Left out: John Hess, Michael Wirth, Hewitt Pate, Mark Nelson, Alana Knowles, Eimear Bonner and Jeff Gustavson (holdings couldn't be fully reconciled); Thomas Horton (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$637M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $637M across 3,493,015 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $169M · 27%

73%

The lighter segment is sales with no plan disclosed in the filing ($468M), including tax-related sales outside a plan.

No plan disclosed · $468M

Sales with no 10b5-1 plan and no tax reference in the filing. $350M of it is John Hess. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Michael Wirth, Aug 14, 2026

Taxes

26,911 shares ($4.8M) were withheld by the company for taxes, which isn't a market sale.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
John Hess Director	1.94M	$350M	0%	55%	Nov 20, 2025 to Aug 3, 2026
Michael Wirth Chairman and CEO, Director	916K	$168M	62%	26%	Jan 5, 2026 to Aug 14, 2026
Hewitt Pate Chief Legal Officer	224K	$42.9M	99%	7%	Jan 30, 2026 to Aug 18, 2026
Mark Nelson Vice Chairman	185K	$34.2M	0%	5%	Feb 2, 2026 to Mar 2, 2026
Eimear Bonner Chief Financial Officer	114K	$20.2M	100%	3%	Jan 5, 2026 to Mar 2, 2026
Andrew Walz President, DM&C	53K	$9.9M	0%	2%	Feb 3, 2026 to Aug 17, 2026
Jeff Gustavson President, New Energies	30K	$5.4M	0%	0.8%	Nov 21, 2025 to Aug 11, 2026
Thomas Booth Chief Technology & Eng Ofr	18K	$3.3M	0%	0.5%	Feb 3, 2026 to Feb 13, 2026
Alana Knowles Controller	17K	$2.8M	84%	0.4%	Jan 5, 2026 to Feb 18, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$84.2M	$0	$0	$84.2M
Dec 2025	$0	$0	$0	$0
Jan 2026	$73.5M	$73.5M	$0	$0
Feb 2026	$29.2M	$11.9M	$0	$17.3M
Mar 2026	$112M	$83.5M	$0	$28.4M
Apr 2026	$0	$0	$0	$0
May 2026	$109M	$0	$0	$109M
Jun 2026	$0	$0	$0	$0
Jul 2026	$0	$0	$0	$0
Aug 2026	$229M	$0	$0	$229M
Sep 2026	$0	$0	$0	$0
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 4x the 5-year average. 9 insiders sold; the average is 6 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 9, 2026 Latest 12 months	3.49M	9	$637M
Oct 9, 2025 1 year earlier	553K	4	$87.8M
Oct 9, 2024 2 years earlier	20K	3	$3.2M
Oct 10, 2023 3 years earlier	436K	7	$78.3M
Oct 10, 2022 4 years earlier	2.62M	12	$388M
Oct 10, 2021 5 years earlier	310K	6	$30.2M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty7 insiders whose holdings couldn't be fully reconciled

John Hess: holdings couldn't be fully reconciled (difference of 1,480,146 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +1,395,759 shares on Nov 20, 2025 (Trust). Filing, Nov 20, 2025

Footnote: "These shares were sold in multiple transactions at prices ranging from $150.0600 to $151.0594. 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. | Shares are held by a trust established for the benefit of the reporting person and of which the reporting person is a beneficiary."

Michael Wirth: holdings couldn't be fully reconciled (difference of 1,664 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +2 shares on Feb 10, 2026 (Direct). Filing, Feb 10, 2026

Footnote: "Each restricted stock unit is the economic equivalent of one share of Chevron common stock. | This number includes rounding of fractional shares."

Hewitt Pate: holdings couldn't be fully reconciled (difference of 1,001 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +3 shares on Feb 10, 2026 (Direct). Filing, Feb 10, 2026

Footnote: "Each restricted stock unit is the economic equivalent of one share of Chevron common stock. | This number includes rounding of fractional shares."

Mark Nelson: holdings couldn't be fully reconciled (difference of 1,129 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +1 shares on Feb 10, 2026 (Direct). Filing, Feb 10, 2026

Footnote: "Each restricted stock unit is the economic equivalent of one share of Chevron common stock. | This number includes rounding of fractional shares."

Alana Knowles: holdings couldn't be fully reconciled (difference of 276 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +1 shares on Feb 10, 2026 (Direct). Filing, Feb 10, 2026

Footnote: "Each restricted stock unit is the economic equivalent of one share of Chevron common stock. | This number includes rounding of fractional shares."

Eimear Bonner: holdings couldn't be fully reconciled (difference of 209 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +3 shares on Feb 10, 2026 (Direct). Filing, Feb 10, 2026

Footnote: "Each restricted stock unit is the economic equivalent of one share of Chevron common stock. | This number includes rounding of fractional shares."

Jeff Gustavson: holdings couldn't be fully reconciled (difference of 148 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +14,044 shares on Aug 11, 2026 (Direct). Filing, Aug 11, 2026

Footnote: "The reporting person does not have a pecuniary interest and disclaims beneficial ownership of these shares. These shares have been omitted from the total reported in Column 5. | This transaction was executed in multiple trades at prices ranging from $194.89 to $195.02. 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."

Enrique Hernandez Jr.: minor difference of 1,406 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

John Frank: minor difference of 789 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Debra Reed: minor difference of 506 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Wanda Austin: minor difference of 72 shares. Difference is under 0.5% of holdings.

Robert Neff Jr.: minor difference of 265 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Donald Umpleby III: minor difference of 55 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Dambisa Moyo: minor difference of 243 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Marillyn Hewson: minor difference of 328 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Jon Huntsman Jr.: minor difference of 170 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Andrew Walz: minor difference of 311 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Cynthia Warner: minor difference of 259 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Thomas Booth: minor difference of 1 share. Difference is under 0.5% of holdings.

Thomas Horton: minor difference of 4 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Inferred rename: "GRAT" is treated as the same holder as "Spouse GRAT", because the old name was never reported again and the new one opened with the same balance (90,000 shares). Old name, new name

Inferred rename: "Spouse Trust" is treated as the same holder as "Spouse Revocable Trust", because the old name was never reported again and the new one opened with the same balance (49 shares). Old name, new name

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,538 filings from SEC EDGAR, and how we read them

All 1,538 Forms 3, 4 and 5 filed for Chevron Corporation (SEC CIK 93410) from Oct 25, 2000 to Sep 1, 2026, retrieved from SEC EDGAR on Oct 9, 2026. Prices are the ones reported in each filing, often weighted averages. 8 filings were left out because Chevron Corporation filed them as an owner of another company's stock. 2 older filings exist only on paper and could not be read.

Probable 2-for-1 stock split on or before Sep 10, 2004 (split date stated in a footnote). Splits aren't reported as transactions; 6 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (48)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Andrew Hearne	Feb 12, 2025	7,007 shares, last reported balance as of Feb 10, 2025
Balaji Krishnamurthy	Feb 12, 2025	3,725 shares, last reported balance as of Feb 10, 2025
Rhonda Morris	Dec 19, 2024	43,766 shares, last reported balance as of Dec 17, 2024
Pierre Breber	Feb 2, 2024	53,429 shares, last reported balance as of Jan 31, 2024
James Johnson	Feb 2, 2023	18,377 shares, last reported balance as of Jan 31, 2023
David Inchausti	Feb 2, 2023	7,465 shares, last reported balance as of Jan 31, 2023
Ronald Sugar	May 27, 2022	57,483 shares, last reported balance as of May 25, 2022
Joseph Geagea	May 27, 2022	29,455 shares, last reported balance as of May 26, 2022
Colin Parfitt	May 10, 2022	7,723 shares, last reported balance as of May 6, 2022
Inge Thulin	May 31, 2019	12,479 shares, last reported balance as of May 29, 2019
Jeanette Ourada	Feb 6, 2019	3,703 shares, last reported balance as of Feb 4, 2019
Patricia Yarrington	Feb 1, 2019	20,490 shares, last reported balance as of Dec 17, 2018
Linnet Deily	May 24, 2018	17,708 shares, last reported balance as of May 17, 2018
Robert Denham	Jun 2, 2017	49,279 shares, last reported balance as of May 31, 2017
John Watson	Mar 15, 2017	107,591 shares, last reported balance as of Mar 13, 2017
John Stumpf	May 27, 2016	222,826 shares, last reported balance as of May 25, 2016
Carl Ware	May 29, 2015	46,929 shares, last reported balance as of May 27, 2015
Alexander Cummings Jr.	May 29, 2015	3,176 shares, last reported balance as of May 27, 2015
Kevin Sharer	Mar 4, 2015	18,665 shares, last reported balance as of May 28, 2014
George Kirkland	Jan 30, 2015	95,969 shares, last reported balance as of May 6, 2014
Matthew Foehr	Jan 30, 2015	14,546 shares, last reported balance as of May 1, 2013
Rhonda Zygocki	Jan 30, 2015	8,463 shares, last reported balance as of Jan 26, 2014
James Blackwell	Dec 4, 2013	11,368 shares, last reported balance as of May 2, 2013
Charles Hagel	May 31, 2012	4,894 shares, last reported balance as of May 30, 2012
Charles Shoemate	May 27, 2011	32,643 shares, last reported balance as of May 25, 2011
Robert Eaton	May 27, 2011	39,048 shares, last reported balance as of May 25, 2011
Donald Rice	May 27, 2011	44,587 shares, last reported balance as of May 25, 2011
Franklyn Jenifer	Mar 2, 2011	40,185 shares, last reported balance as of May 26, 2010
Samuel Nunn	Mar 2, 2011	30,786 shares, last reported balance as of May 26, 2010
John Bethancourt	Feb 8, 2011	104,365 shares, last reported balance as of Feb 7, 2011
Samuel Armacost	May 28, 2010	57,787 shares, last reported balance as of May 26, 2010
Charles James	Jan 29, 2010	61,860 shares, last reported balance as of Mar 25, 2009
Mark Humphrey	Jan 29, 2010	26,298 shares, last reported balance as of Nov 6, 2009
Reilly O	Dec 4, 2009	97,057 shares, last reported balance as of Mar 25, 2009
Peter Robertson	Mar 27, 2009	91,898 shares, last reported balance as of Mar 25, 2009
Sam Ginn	Mar 5, 2009	42,059 shares, last reported balance as of May 28, 2008
James Jones	May 30, 2008	1,747 shares, last reported balance as of May 28, 2008
Stephen Crowe	May 8, 2008	46,172 shares, last reported balance as of May 7, 2008
Gary Luquette	Aug 24, 2007	23,740 shares, last reported balance as of Aug 22, 2007
Raymond Wilcox	Mar 27, 2006	46,676 shares, last reported balance as of Feb 9, 2005
Carla Hills	Mar 3, 2006	23,993 shares, last reported balance as of Apr 27, 2005
Patricia Woertz	Sep 1, 2005	34,230 shares, last reported balance as of Feb 9, 2005
Charles Williamson	Sep 1, 2005	56,524 shares, last reported balance as of Aug 30, 2005
William Laidlaw	Jun 29, 2005	46,471 shares, last reported balance as of Jun 29, 2005
Bennett Johnston	Mar 4, 2005	15,356 shares, last reported balance as of Apr 28, 2004
Thomas Vanderslice	Mar 4, 2004	34,412 shares, last reported balance as of Nov 24, 2003
Frank Shrontz	Dec 4, 2003	14,110 shares, last reported balance as of May 22, 2003
John Young	Dec 4, 2003	21,224 shares, last reported balance as of May 22, 2003

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.

Chevron Corporation insiders sold $637M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Common questions

Is the Chevron Corporation CEO selling stock?

Why are Chevron Corporation insiders selling?

Are any Chevron Corporation insiders buying?

How much of their stake did Chevron Corporation insiders sell?

The evidence

No plan disclosed · $468M

Taxes

Sales by month