Form 4: Chevron President Sells Shares
Insider Transaction (Form 4)
Jeff B Gustavson, President, New Energies of Chevron Corp, sold 14,044 shares of common stock on August 11, 2026 for $194.95 per share.
Summary
- Option exercise/conversion: acquired 4,850 Common Stock at $117.24 ($568,614) on August 11, 2026; holds 3,786 after (Direct).
- Option exercise/conversion: acquired 4,633 Common Stock at $125.35 ($580,747) on August 11, 2026; holds 3,786 after (Direct).
- Option exercise/conversion: acquired 4,561 Common Stock at $113.01 ($515,439) on August 11, 2026; holds 3,786 after (Direct).
- Open-market sale: disposed of 14,044 Common Stock at $194.95 ($2,737,867) on August 11, 2026; holds 3,786 after (Direct).
- Option exercise/conversion: disposed of 4,850 Non-Qualified Stock Option (Right to Buy) on August 11, 2026 (Direct).
- Option exercise/conversion: disposed of 4,633 Non-Qualified Stock Option (Right to Buy) on August 11, 2026 (Direct).
- Option exercise/conversion: disposed of 4,561 Non-Qualified Stock Option (Right to Buy) on August 11, 2026; holds 8,839 after (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $2,737,867 of stock on the open market.
Insider Transactions
Jeff B Gustavson — Officer (President, New Energies)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-11 | Option exercise/conversion | Common Stock | 4,850 | $117 | $568.6K | 3,786 |
| 2026-08-11 | Option exercise/conversion | Common Stock | 4,633 | $125 | $580.7K | 3,786 |
| 2026-08-11 | Option exercise/conversion | Common Stock | 4,561 | $113 | $515.4K | 3,786 |
| 2026-08-11 | Open-market sale | Common Stock | 14,044 | $195 | $2.7M | 3,786 |
| 2026-08-11 | Option exercise/conversion | Non-Qualified Stock Option (Right to Buy) | 4,850 | — | — | 0 |
| 2026-08-11 | Option exercise/conversion | Non-Qualified Stock Option (Right to Buy) | 4,633 | — | — | 0 |
| 2026-08-11 | Option exercise/conversion | Non-Qualified Stock Option (Right to Buy) | 4,561 | — | — | 8,839 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-11 | Option exercise/conversion (4,850 shares) |
| 2026-08-11 | Option exercise/conversion (4,633 shares) |
| 2026-08-11 | Option exercise/conversion (4,561 shares) |
| 2026-08-11 | Open-market sale (14,044 shares) |
| 2026-08-11 | Option exercise/conversion (4,850 shares) |
| 2026-08-11 | Option exercise/conversion (4,633 shares) |
| 2026-08-11 | Option exercise/conversion (4,561 shares) |
Keywords
insider transaction, Form 4, CVX, CHEVRON CORP, bearish, Jeff B Gustavson
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