Form 4: Chevron Director Enrique Hernandez Jr. Reports Acquisition of Shares

Director Enrique Hernandez Jr. reports the acquisition of 1,477 shares of Chevron stock under the Non-Employee Directors' Equity Compensation and Deferral Plan.

Summary

• On May 29, 2024, Enrique Hernandez Jr., a director of Chevron Corp, acquired 1,477 shares of common stock.
• The acquisition was made under the Chevron Corporation Non-Employee Directors' Equity Compensation and Deferral Plan.
• The price per share was $0.
• Following the transaction, Hernandez directly owns 29,203 shares of Chevron stock, which includes dividend equivalent accruals on stock units.

Sentiment

Score: 7

Explanation: Routine director stock acquisition, indicating confidence but not a major market-moving event.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Industry Context

Director stock acquisitions are common and often tied to compensation plans, aligning director interests with shareholder value.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.

Key Dates