Michael K. Wirth - 31 Jan 2023 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Christopher A. Butner, Attorney-in-Fact for Michael K. Wirth
Issuer symbol
CVX
Transactions as of
31 Jan 2023
Net transactions value
-$5,461,270
Form type
4
Filing time
02 Feb 2023, 16:06:21 UTC
Previous filing
27 Jan 2023
Next filing
20 Dec 2023

Quoteable Key Fact

"Michael K. Wirth filed Form 4 for CHEVRON CORP (CVX) on 02 Feb 2023."

Quick Takeaways

  • This page summarizes Michael K. Wirth's Form 4 filing for CHEVRON CORP (CVX).
  • 3 reported transactions and 1 derivative row are listed below.
  • Filing timestamp: 02 Feb 2023, 16:06.

What Changed

  • Previous filing in this sequence was filed on 27 Jan 2023.
  • Current net transaction value: -$5,461,270.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $0 +31,383 +132% $0.000000 55,113 31 Jan 2023 Direct F1
transaction CVX Common Stock Disposed to Issuer $5,461,270 -31,383 -57% $174.02 23,730 31 Jan 2023 Direct
holding CVX Common Stock 16,475 31 Jan 2023 by 401(k) plan
holding CVX Common Stock 17,784 31 Jan 2023 by Limited Partnership F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CVX Restricted Stock Units Options Exercise $0 -31,383 -100% $0.000000* 0 31 Jan 2023 Common Stock 31,383 $0.000000 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. The restricted stock units are payable in cash and vested on January 31, 2023.
F2 The reporting person owns only a 1% general partnership interest in the limited partnership. The remaining limited partnership interests are owned equally by four separate trusts for the benefit of each of the reporting person's children. The reporting person disclaims beneficial ownership of the shares held by the limited partnership except to the extent of his pecuniary interest therein.
F3 This number includes dividend equivalents (4,116 shares).