Walz Andrew Benjamin 4
Research Summary
AI-generated summary
Chevron (CVX) President Andrew Walz Sells 666 Shares
What Happened
Andrew Benjamin Walz, President, DM&C at Chevron (CVX), sold 666 shares on 2026-02-12. The transaction was reported at a price of $183.40 per share for total proceeds of approximately $122,144. This was a sale (code S), not a purchase or option exercise — sales are often routine and do not necessarily signal a change in outlook.
Key Details
- Transaction date: 2026-02-12; Report filed: 2026-02-17 (filed late relative to the usual 2-business-day Form 4 deadline).
- Price per share: $183.40; Shares sold: 666; Gross proceeds: ~$122,144.
- Shares owned after the transaction: Not specified in the provided filing data.
- Notable footnotes/plans: No 10b5-1 plan, tax withholding, or other footnotes were provided in the data supplied.
Context
- The filing reports a direct sale of shares (S). For retail investors, purchases can be more informative of insider confidence; single sales are often routine (diversification, tax planning, liquidity).
- This report appears to have been filed one business day late, which reduces promptness of disclosure but does not by itself indicate wrongdoing.