Insider trade

Director sold ~$34M of CVX shares in the open market

Traded Nov 21, 2025 · Filed Nov 24, 2025

ChevronCVX

~$34M
Reported value · 226K sh @ $150.1976: 871K
Holds after · shares reported: +38.1%
stock since the trade · S&P 500 +15.9%, $149.98 → $207.10 on Oct 1

Why it stands out

A board member of Chevron sold $34M 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: Nov 21, 2025
Reporting period: Not applicable
Filed with the SEC: Nov 24, 2025

DirectorIndirect holding$1M+

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$33,999,780

Shares × reported transaction price

Timing vs results

21 days after results of Oct 31, 2025, 70 days before results of Jan 30, 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 $149.98 on Nov 21, 2025, 12% above its 52-week low and 11% below its high, little changed over the previous 30 trading days

52-week range $133.73 (Apr 21, 2025) to $168.51 (Apr 1, 2025), 47% of the way up, from 250 adjusted closes. 30 trading days earlier: $148.90 on Oct 10, 2025. Describes the past only, not a forecast

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	+1.2%	+1.0%	+0.2%
30 days	+1.0%	+2.3%	-1.3%
90 days	+24.5%	+1.1%	+23.4%
180 days	+24.4%	+11.2%	+13.2%

Past results only. Not a forecast.

Source receipt

Record ID: 0000093410-25-000112
Filed / recorded: Nov 24, 2025, 10:23 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: Nov 21, 2025
Transaction code: S
Shares / units: 226,367
Price per share: $150.1976
Acquired / disposed: Disposed (D)
Shares owned after: 870,602
Ownership form: Indirect — By Trust
Amendment: No

Footnotes from the filing

These shares were sold in multiple transactions at prices ranging from $149.7800 to $150.7700. The price reported above reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range provided.
Shares are held by a trust established for the benefit of the reporting person and of which the reporting person is a beneficiary.