Chevron Director Cynthia Warner Acquires Phantom Stock via Deferral Plan

Chevron Corp ($CVX) Insider Transaction Analysis

Overview: On August 28, 2026, Chevron Corp Director Cynthia J. Warner acquired 19 shares of Phantom Stock at a price of $201.86 per share, totaling approximately $3,835.34.

Key Transaction Details:

• Security: Phantom Stock (convertible 1-for-1 to Common Stock upon termination of service)
• Transaction Code: I (Non-Employee Directors' Equity Compensation and Deferral Plan acquisition)
• Shares Acquired: 19
• Price per Share: $201.86
• Post-Transaction Beneficial Ownership: 426 phantom shares (including dividend equivalent accruals)
• Ownership Nature: Direct

Significance & Market Context: This transaction reflects routine participation in the Chevron Non-Employee Directors' Equity Compensation and Deferral Plan rather than an open-market purchase. Due to the routine nature and nominal dollar amount ($3.8k), the market significance is considered Low.