Form 4: Chevron CEO Sells Shares
Insider Transaction (Form 4)
Michael K Wirth, Chairman and CEO and a Director of Chevron Corp, sold 317,100 shares of common stock on August 14, 2026.
Summary
- Option exercise/conversion: acquired 317,100 Common Stock at $88.20 ($27,968,220) on August 14, 2026; holds 343,408 after (Direct).
- Open-market sale: disposed of 306,789 Common Stock at $200.44 ($61,493,800) on August 14, 2026; holds 36,619 after (Direct).
- Open-market sale: disposed of 10,311 Common Stock at $201.05 ($2,073,062) on August 14, 2026; holds 26,308 after (Direct).
- Option exercise/conversion: disposed of 317,100 Non-Qualified Stock Option (Right to Buy) on August 14, 2026 (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $63,566,861 of stock on the open market.
Insider Transactions
Michael K Wirth — Director, Officer (Chairman and CEO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-14 | Option exercise/conversion | Common Stock | 317,100 | $88 | $28.0M | 343,408 |
| 2026-08-14 | Open-market sale | Common Stock | 306,789 | $200 | $61.5M | 36,619 |
| 2026-08-14 | Open-market sale | Common Stock | 10,311 | $201 | $2.1M | 26,308 |
| 2026-08-14 | Option exercise/conversion | Non-Qualified Stock Option (Right to Buy) | 317,100 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-14 | Option exercise/conversion (317,100 shares) |
| 2026-08-14 | Open-market sale (306,789 shares) |
| 2026-08-14 | Open-market sale (10,311 shares) |
| 2026-08-14 | Option exercise/conversion (317,100 shares) |
Keywords
insider transaction, Form 4, CVX, CHEVRON CORP, bearish, Michael K Wirth
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