CHEVRON CORP·4

May 29, 4:25 PM ET

HESS JOHN B 4

4 · CHEVRON CORP · Filed May 29, 2026

Research Summary

AI-generated summary of this filing

Updated

Chevron (CVX) Director John B. Hess Receives Award of 1,272 Shares

What Happened

  • John B. Hess, a director of Chevron Corporation, was granted 1,272 stock units (reported as shares) on 2026-05-27. The units were issued as an award under Chevron’s Non-Employee Directors' Equity Compensation and Deferral Plan. The reported acquisition price is $0.00 (award), total reported value $0.

Key Details

  • Transaction date: 2026-05-27; Filing date: 2026-05-29 (appears timely).
  • Transaction type: Award/Grant (code A); 1,272 stock units issued.
  • Reported price: $0.00 per share; reported total value: $0.
  • Shares owned after transaction: Not specified in the provided excerpt.
  • Notable footnotes: F1 — units issued under the Non‑Employee Directors' Equity Compensation and Deferral Plan; F2 — rounding of fractional shares; F3–F7 — describe certain holdings held via partnerships, LLCs, and trusts related to the reporting person.
  • No indication this was an option exercise, sale, or gift — it’s a routine director equity award.

Context

  • Director awards like this are standard compensation for non-employee board members and do not necessarily signal a buying or selling view of the company. They increase the director’s equity stake over time according to the plan’s terms.

Insider Transaction Report

Form 4
Period: 2026-05-27
HESS JOHN B
Director
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-05-27+1,272356,900 total
Holdings
  • Common Stock

    [F3]
    (indirect: By Partnership)
    7,244,497
  • Common Stock

    [F4]
    (indirect: By LLC)
    29,471
  • Common Stock

    [F5]
    (indirect: By LLC)
    307,500
  • Common Stock

    [F6]
    (indirect: By Trust)
    7,286
  • Common Stock

    [F7]
    (indirect: By Trust)
    278,045
Footnotes (7)
  • [F1]This number represents stock units issued under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
  • [F2]This number includes rounding of fractional shares.
  • [F3]Shares are held by a limited partnership of which the reporting person is a limited partner and serves on the management committee of the general partner of the limited partnership.
  • [F4]Shares are held by a limited liability company of which the reporting person is a member and is a general partner and manager of a limited partnership that is the manager of the limited liability company.
  • [F5]Shares are held by a limited liability company of which the reporting person and the reporting person's son are the sole members, and the reporting person is the manager.
  • [F6]Shares are held by a trust established for the benefit of the reporting person and of which the reporting person is a beneficiary.
  • [F7]Shares are held by a trust established for the benefit of the reporting person and of which the reporting person is a beneficiary.
Signature
/s/ Rose Z. Pierson, Attorney-In-Fact for John B. Hess|2026-05-29

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT