Chevron (CVX) CTO Booth details RSU vesting, tax sales and family trust trade
Rhea-AI Filing Summary
Chevron Corporation officer Thomas Ryder Booth, Chief Technology & Engineering Officer, reported multiple equity transactions. On February 10, 2026, he acquired 714 and 748 shares of Chevron common stock through the vesting and exercise of restricted stock units at an exercise price of $0 per share.
To cover tax obligations related to these awards, 158 and 183 shares of common stock were withheld and disposed of at $182.26 per share. After these transactions, he directly held 1,598 Chevron shares, plus 771 and 1,499 restricted stock units.
On February 11, 2026, a Booth Family Trust associated with him sold 5 Chevron shares in an open-market transaction at $184.77 per share, leaving no shares held by that trust. He also had an indirect holding of 3,175 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5 | $184.77 | $923.85 |
| Exercise | Restricted Stock Units | 714 | $0.00 | -- |
| Exercise | Restricted Stock Units | 748 | $0.00 | -- |
| Exercise | Common Stock | 714 | $0.00 | -- |
| Tax Withholding | Common Stock | 158 | $182.26 | $29K |
| Exercise | Common Stock | 748 | $0.00 | -- |
| Tax Withholding | Common Stock | 183 | $182.26 | $33K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit is the economic equivalent of one share of Chevron common stock. This number includes rounding of fractional shares. Restricted stock units granted on February 6, 2024 under the Chevron Corporation 2022 Long-Term Incentive Plan. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to the award vested on February 10, 2025 and February 10, 2026, respectively, and one-third of the shares subject to the award will vest on February 10, 2027, and settle in shares of Chevron common stock on the date of vesting. This number includes dividend equivalents (74 shares). Restricted stock units granted on February 4, 2025, under the Chevron Corporation 2022 Long-Term Incentive Plan. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to the award vested on February 10, 2026, and one-third of the shares subject to the award will vest on February 10, 2027 and February 10, 2028, respectively, and settle in shares of Chevron common stock on the date of vesting.
FAQ
What insider transactions did Chevron (CVX) officer Thomas Ryder Booth report?
What is the role of dividend equivalents in Booth’s Chevron (CVX) RSU awards?
Over what schedule do Booth’s Chevron (CVX) restricted stock units vest?