R. Hewitt Pate, Chief Legal Officer of Chevron Corporation (CVX), sold 29,260 shares of the company's stock on March 2, 2026. The transactions, executed at an average price of $188.13 per share, amounted to approximately $5.50 million.
This sale represents a portion of Mr. Pate's holdings in Chevron. Insider sales can be influenced by a variety of factors, such as personal financial planning, diversification strategies, or the execution of pre-arranged trading plans, and do not necessarily indicate a negative sentiment towards the company's future performance.
The filing also shows other transactions by Mr. Pate and Bonner Eimear P on the same date, with Mr. Pate having engaged in multiple sales throughout late February and early March 2026.