HESS JOHN B 4
4 · CHEVRON CORP · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
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
CHEVRON CORPCVX
HESS JOHN B
Director
Transactions
- Award
Common Stock
[F1][F2]2026-05-27+1,272→ 356,900 total
Holdings
- 7,244,497(indirect: By Partnership)
Common Stock
[F3] - 29,471(indirect: By LLC)
Common Stock
[F4] - 307,500(indirect: By LLC)
Common Stock
[F5] - 7,286(indirect: By Trust)
Common Stock
[F6] - 278,045(indirect: By Trust)
Common Stock
[F7]
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