Frank John 4

What Happened

• Frank John, a director of Chevron Corporation (CVX), was granted 1,272 stock units on 2026-05-27 as an award under the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan. The units were reported at a $0.00 acquisition price (transaction code A), so the filing shows no cash paid for the award.

Key Details

• Transaction date: 2026-05-27; Filing date: 2026-05-29 (Form 4 accession 0000093410-26-000129) — filing appears timely.
• Awarded: 1,272 stock units at $0.00 per unit (total reported cash cost $0).
• Footnotes: F1 — units issued under the Non-Employee Directors' Equity Compensation and Deferral Plan. F2 — the 1,272 includes 789 dividend equivalent accruals on those stock units.
• Shares owned after transaction: Not specified in the filing.
• Exhibit: Exhibit 24 — Power of Attorney.

Context

• This was a compensation award to a non-employee director (not a market purchase or sale) and is a routine form of director pay; such grants do not necessarily indicate insider sentiment about the stock. The filing specifies units and dividend equivalents rather than an immediate sale or exercise.