Insider trade

Director sold ~$16.4M of CVX shares in the open market

Traded May 6, 2026 · Filed May 8, 2026

ChevronCVX

~$16.4M
Reported value · 89K sh @ $184.6701: 736K
Holds after · shares reported: +11.8%
stock since the trade · S&P 500 +4.1%, $185.16 → $207.10 on Oct 1

Why it stands out

A board member of Chevron sold $16.4M of Chevron shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 6, 2026
Reporting period: Not applicable
Filed with the SEC: May 8, 2026

DirectorIndirect holding$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$16,421,050

Shares × reported transaction price

Timing vs results

5 days after results of May 1, 2026, 86 days before results of Jul 31, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $185.16 on May 6, 2026, 37% above its 52-week low and 12% below its high, after a 10% drop over the previous 30 trading days

52-week range $135.29 (May 22, 2025) to $211.15 (Mar 27, 2026), 66% of the way up, from 251 adjusted closes. 30 trading days earlier: $206.79 on Mar 24, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 180 workers was filed in California on July 1, 2026.

From the official state WARN list, 56 days after the trade. Shown for timing only; the two filings are separate

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+6.2%	-0.1%	+6.3%
30 days	+2.7%	-1.9%	+4.6%
90 days	+5.5%	+4.6%	+0.9%

Past results only. Not a forecast.

Source receipt

Record ID: 0000093410-26-000117
Filed / recorded: May 8, 2026, 9:17 PM UTC
Added to OQRO: Oct 2, 2026, 3:52 AM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: CHEVRON CORP
Issuer CIK: 93410
Ticker: CVX
Reporting person: John B Hess
Relationship: Director
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 6, 2026
Transaction code: S
Shares / units: 88,921
Price per share: $184.6701
Acquired / disposed: Disposed (D)
Shares owned after: 736,093
Ownership form: Indirect — By Trust
Amendment: No

Footnotes from the filing

These shares were sold in multiple transactions at prices ranging from $184.14 to $185.1399, inclusive. The price reported in Column 4 reflects the weighted average sale price.
Shares are held by a trust established for the benefit of the reporting person and of which the reporting person is a beneficiary.