Knowles Alana K 4
Research Summary
AI-generated summary
Chevron (CVX) Controller Alana Knowles Sells 5,000 Shares
What Happened
- Alana K. Knowles, Controller of Chevron Corporation, reported the disposition of 5,000 shares of Chevron common stock on Feb 4, 2026. The weighted-average sale price was $181.68 per share, for a total transaction value of approximately $908,400. The filing reports the sale as a discretionary transaction.
Key Details
- Transaction date: 2026-02-04; Form 4 filed: 2026-02-06 (timely within the usual 2-business-day requirement).
- Price(s): weighted-average $181.68; reported price range $181.23–$181.68 (multiple trades; reporting person can provide per-trade details on request).
- Shares sold: 5,000; total proceeds ≈ $908,400.
- Source: Footnote indicates the shares were disposed from the Chevron Employee Savings Investment Plan (401(k)) since the last ownership report.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Transaction type: Sale/disposition (code reported as discretionary (I)); not a grant, exercise, or gift.
Context
- This was a sale from an employee savings/401(k) plan and reported as discretionary, which often reflects plan or broker-directed transactions rather than an insider directional trade. Sales are common and do not necessarily indicate the insider’s view on the company’s prospects.