GUSTAVSON JEFF B

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.

VP Gustavson sells 9,325 CVX shares at $150.27; holding drops to 1,675 (-84.8%); 3 prior CVX sales all showed negative 90d returns

Jeff B Gustavson, Vice President, executed a $1,401,282.67 sale of 9,325 shares at $150.27 on 2025-11-21, reducing his CVX holdings from 11,000 shares to 1,675 shares—a -84.8% reduction in position size. This represents a significant exit that amplifies the significance of his track record: across his three prior sales at CVX (2025-02-07, 2024-05-21, 2023-08-03), all three were well-timed at the 90-day mark, posting negative 90-day returns of -10.1%, -8.4%, and -10.5% respectively. The current sale occurred at $150.27, which is -11.9% below the 52-week high of $168.51 and -4.5% below the 30-day reference price, placing this sale in a declining price environment. While the transaction itself is consistent with his demonstrated pattern of exiting before subsequent declines, the dramatic 84.8% reduction in holdings suggests a material shift in conviction relative to prior partial-reduction sales.

CVX VP Gustavson sold 9,325 shares (-89.8% of holdings) for $1.4M; prior CVX sells well-timed at 90d mark.

Vice President Jeff B. Gustavson executed a substantial reduction in his CVX stake, selling 9,325 shares at $152.50 on 2025-02-07 and retaining only 1,057 shares post-transaction. His prior two sales at CVX (2024-05-21 and 2023-08-03) each registered negative 90-day returns of -8.4% and -10.5% respectively, indicating a pattern of well-timed exits before subsequent declines. The current price of $157.44 is -5.3% from the 52-week high of $166.33, placing the stock near recent peaks despite the -18.4% annual revenue decline reported in latest fundamentals. This large, discretionary reduction of 89.8% of prior holdings follows a demonstrated track record of selling near local tops at this specific ticker, warranting attention to whether this signals similar conviction about near-term price risk.