Umpleby III Donald J 4

What Happened Donald J. Umpleby III, a Chevron (CVX) director, was granted 1,272 stock units on May 27, 2026 under Chevron’s Non-Employee Directors' Equity Compensation and Deferral Plan. The units were issued at $0.00 per unit (no cash exchanged). The reported transaction value is $0 because these are equity awards/stock units rather than a market purchase.

Key Details

• Transaction date: 2026-05-27; Form 4 filed: 2026-05-29 (filed within the two-business-day window).
• Transaction type/code: A — Award/Grant (acquisition of stock units).
• Units granted: 1,272 stock units; price reported: $0.00; aggregate cash value reported: $0.
• Footnote F1: These are stock units issued under the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan.
• Footnote F2: The total includes 55 dividend equivalent accruals on those stock units.
• Shares owned after transaction: Not specified in the provided filing.
• Exhibit listed: Exhibit 24 — Power of Attorney.

Context This was a routine director compensation award (stock units), not an open-market purchase or sale. Such grants compensate non-employee directors and do not necessarily indicate a trading view; dividend equivalents are often credited on deferred stock units and settle per plan terms.