Booth Thomas Ryder 4

What Happened

• Booth Thomas Ryder, Chevron’s Chief Technology & Engineering Officer, converted vested restricted stock units (RSUs) into Chevron common shares on Feb. 10, 2026. The filing shows acquisition entries for 714 and 748 shares (totaling 1,462 shares recorded as acquired). To cover taxes, 158 and 183 shares were surrendered (disposed) at $182.26 per share — $28,797 and $33,354 respectively (total ≈ $62,151). On Feb. 11, 2026 he also sold 5 shares in the open market at $184.77 for $924.
• These actions are routine settlement/tax-withholding and a small market sale; they reflect RSU vesting and tax withholding rather than an independent open-market purchase.

Key Details

• Transaction dates/prices:
  • RSU conversion (exercise/conversion of derivative): Feb. 10, 2026 (acquisition entries for 714 and 748 shares at $0.00 reported).
  • Tax withholding disposals: Feb. 10, 2026 — 158 shares @ $182.26 ($28,797) and 183 shares @ $182.26 ($33,354).
  • Open-market sale: Feb. 11, 2026 — 5 shares @ $184.77 ($924).
• Shares surrendered for taxes: 341 shares total (158 + 183).
• Shares recorded as acquired (per filing lines): 1,462 shares (714 + 748).
• Shares owned after the transactions: not specified in the excerpted transactions; see the full Form 4 for total beneficial ownership.
• Notable footnotes:
  • F1/F3/F5: These were restricted stock units granted under Chevron’s 2022 Long-Term Incentive Plan (grants from Feb. 6, 2024 and Feb. 4, 2025). Vesting schedules noted in footnotes (one‑third vested on prior dates and remaining tranches vest later). RSUs accrue dividend equivalents as additional RSUs (footnote F4 notes 74 dividend-equivalent shares included).
  • F (disposals) lines indicate payment of tax liability via share withholding — a common, routine settlement mechanism.
• Filing timeliness: No late filing flag indicated in the provided excerpt.

Context

• These were RSU conversions (not market purchases). The filing shows shares were withheld/surrendered to satisfy tax withholding obligations and a very small open-market sale occurred; this pattern is typical for vested equity settlements and does not necessarily signal the insider’s view of the stock.
• For retail investors: purchases are usually more informative about insider sentiment than routine vesting and tax-withholding sales. If you want the full ownership picture, check the complete Form 4 (accession 0000093410-26-000066) for total shares beneficially owned.