CVX CHEVRON CORP Insider Trading

Director John B Hess sold 380,000 shares ($73.4M) at $191.52–$197.45 on 2026-05-20; reduces holdings by 57.7%.

John B Hess, a Director at Chevron, executed 7 separate sales totaling 380,000 shares for $73,414,765.34 across a narrow price range ($191.52–$197.45) on a single day, reducing his holdings by 57.7% from 658,045 to 278,045 shares. This is a material reduction in his disclosed position. His prior sales at Chevron show a timing pattern of 0 out of 5 being well-timed at the 90-day mark—all five prior CVX sales were followed by positive returns, meaning the insider sold before subsequent gains. The current stock price of $191.43 is 10.8% below the 52-week high of $214.71, and the company reports a P/E of 34.62 with annual revenue declining 6.8% year-over-year, even as the stock has risen 4.1% over the past 90 days. The pattern of large-block sales concentrated on one date at progressively higher prices, combined with historically poor timing on prior CVX sales and a deteriorating revenue trend, warrants attention to whether this transaction reflects any shift in Hess's portfolio positioning.

Director John B Hess sells 195,000 CVX shares worth $36M; stock near 13-month lows after recent decline.

Director John B Hess executed a substantial three-part sale totaling approximately 195,000 shares, reducing his holdings by significant percentages in each tranche. This is the second time in roughly six months that Hess has sold CVX shares—his prior sales in late November resulted in the stock rising afterward over the following three months, making those exits poorly timed. The stock is currently trading well below its highs and has experienced a sharp pullback in recent weeks, creating a backdrop where this director is choosing to sell rather than hold through the weakness. Hess's longer-term track record across all holdings shows more discipline on purchases (with gains following those buys) than on sales, yet his previous CVX sales specifically worked out poorly as the stock climbed afterward, raising questions about his timing in this company in particular. Against a backdrop of modest fundamentals—the company is profitable but facing revenue headwinds—a director stepping up sales volume warrants attention, even though the poor historical timing of his CVX exits suggests his sales may not be predictive of further declines.

Then-Chief Legal Officer Pate R. Hewitt sold 40,200 shares of CVX at $213.30 per 10b5-1 plan, reducing holdings to 8,638 shares

Pate R. Hewitt, who was Chief Legal Officer at the time, executed a sale of 40,200 shares for $8,574,856.98 on 2026-03-30 under a pre-arranged 10b5-1 trading plan adopted on 2025-11-26. The transaction reduced his holdings by 82.3%, from 48,838 shares to 8,638 shares. As a scheduled transaction under Rule 10b5-1, this sale was non-discretionary and reflects a pre-determined trading schedule rather than a market-timing decision. The substantial reduction in position size is notable, though the scheduled nature of the trade limits inference about insider conviction or concerns at the time of execution.

Chief Legal Officer Pate R. Hewitt sold 47,200 shares of CVX at $192.12 for $9.1M, reducing holdings by 84.7% to 8.6K shares.

Pate R. Hewitt, Chief Legal Officer of Chevron, executed a substantial sale of 47,200 shares at $192.12 on 2026-03-06, representing an 84.7% reduction in his documented holdings. The transaction came during a period of solid stock momentum (90-day change: +23.0%), and notably followed a rapid sequence of five prior sales at the same ticker within the preceding week (2026-02-27 through 2026-03-02). This concentrated liquidation pattern, combined with the steep reduction in personal shareholding, contrasts with CVX's strong recent price action and flat annual revenue growth of -6.8%. His cross-ticker track record shows 8 prior open-market sells with an average 30-day return of +5.9%, though outcomes on his recent CVX transactions are not yet measurable. The magnitude and timing of this multi-week divestiture warrant attention given the insider's senior role and the unusual concentration of sales activity within a compressed timeframe.

CVX Vice Chairman Nelson sold 139,600 shares for $26.2M, retaining only 11.3K; largest single-day disposal on record

Nelson Mark A, Vice Chairman of Chevron, executed 2 separate sales totaling 139,600 shares for $26,233,774.98 on March 2, 2026, at prices of $188.11 and $187.76 respectively. This transaction reduced his holdings by 92.5%, leaving him with only 11,337 shares post-transaction compared to 150,937 shares held before the sale. The scale of this disposal—liquidating over nine-tenths of his position in a single day at prices just below the 52-week high of $189.60—stands out against his prior CVX trade history, where his 2 recent February 2026 sales showed 30-day returns of +6.7% and +6.9%. The stock's current price of $186.03 sits -1.9% from its 52-week high, while the company reports a P/E of 50.14 against annual revenue growth of -6.8%, indicating both elevated valuation multiples and deteriorating top-line performance.

CVX Chairman & CEO Wirth sells 272,624 shares for $51.6M via pre-arranged 10b5-1 plan (adopted 2025-11-26)

Michael K Wirth, Chairman and CEO of Chevron, executed 5 separate sales totaling 272,624 shares for $51,622,487.45 under a pre-arranged 10b5-1 trading plan adopted on 2025-11-26. The transaction reduced his holdings from 303,890 shares to 31,266 shares, a reduction of 89.7%. Because this sale is part of a scheduled 10b5-1 plan, it reflects a predetermined execution rather than a discretionary market decision. Investors should recognize that 10b5-1 sales are contractually binding and executed on a fixed schedule, separating the timing of the sale from any current conviction signal about the stock's near-term direction.

Chevron President Walz sells entire 11.6K-share stake for $2.2M in two transactions on 2026-03-02

Andrew Benjamin Walz, President of Chevron's Downstream, Midstream & Chemicals division, executed 2 separate sales on March 2, 2026, liquidating his complete shareholding of 11,600 shares (11.6K shares) at a blended average price of $188.58, generating $2,187,516.96 ($2.2M) in proceeds. The timing occurs near Chevron's 52-week high of $189.60, with the stock currently trading at $186.03 (-1.9% from peak). This represents a complete exit from Chevron equity after holding 11,600 shares pre-transaction, though the insider's cross-ticker track record of 1 prior sell does not establish a measurable historical pattern at this ticker. With Chevron trading at a P/E of 50.14 against a backdrop of -6.8% annual revenue growth, investors should monitor whether additional insider activity follows or whether this reflects portfolio rebalancing unrelated to company-specific positioning.

Chevron President of New Energies GUSTAVSON sold 6,667 shares at $186.04 on 2026-02-27, reducing holdings by 64.2% to 3,716 shares post-transaction.

GUSTAVSON's sale of 6,667 shares represents a substantial 64.2% reduction in his CVX holdings, moving from 10,383 to 3,716 shares. The sale occurred at $186.04, just 1.4% below the current price of $188.77 and within 0.4% of the 52-week high, following a robust 24.5% gain over the prior 90 days. His prior four sales at CVX show mixed timing: three of four were well-timed at the 90-day mark, though the most recent sale on 2025-11-21 resulted in a +23.0% gain at 90 days—a poorly timed outcome. The cross-ticker track record shows a 75.00% well-timed sell rate at the 90-day mark, indicating consistent pattern recognition across holdings. However, CVX fundamentals present headwinds: annual revenue declined 6.8% year-over-year, the P/E of 50.88 is elevated, and the 30-day performance of +6.7% has already extended from the sale date. The magnitude of this holding reduction—nearly two-thirds of shares—warrants monitoring of whether subsequent filings reveal continued divestiture or stabilization.

CFO Eimear P. Bonner sold 45,800 shares of CVX for $8,600,514.75 via scheduled 10b5-1 plan

Eimear P. Bonner, Chief Financial Officer of Chevron Corp, executed five separate sales totaling 45,800 shares for $8,600,514.75 at an average price of $187.78 across February 27 and March 2, 2026. This transaction reduces her post-transaction holdings to 8,427 shares from a pre-transaction level of 54,227 shares, representing a net reduction of 84.5%. The sale was conducted pursuant to a pre-arranged 10b5-1 trading plan adopted on 2025-11-22, meaning the transactions were scheduled in advance rather than discretionary. Such plans are executed on a predetermined timetable independent of market conditions or material nonpublic information.

Pate R. Hewitt (then-CLO) sold 93,475 shares of Chevron for $17,542,417.61 via pre-arranged 10b5-1 plan

Pate R. Hewitt, who was Chief Legal Officer at the time, executed 7 separate sales totaling 93,475 shares for $17,542,417.61 across February 27 and March 2, 2026, at a blended average price of $187.67. This disposal reduced his holdings by 91.6%, from 102,033 shares to 8,558 shares. The transaction is flagged as part of a pre-arranged 10b5-1 trading plan adopted on 2025-11-26, meaning the sales were scheduled in advance and not discretionary. While the magnitude of the position reduction is substantial, the scheduled nature of the plan means these sales reflect predetermined timing rather than independent insider decision-making in response to current business conditions or market signals.