Chevron Corporation officer Mark A. Nelson filed a Form 144 notice of proposed sale of securities with the SEC on November 10, 2026, covering 112,000 shares of Chevron common stock with an aggregate market value of $23,573,303.74.

Key Highlights

  • Proposed seller: Mark A. Nelson, identified as an officer of Chevron Corporation.
  • Shares proposed for sale: 112,000 shares of Chevron common stock, with an aggregate market value of $23,573,303.74.
  • Approximate date of sale: November 10, 2026, through broker Morgan Stanley Smith Barney LLC Executive Financial Services, New York, NY.
  • Source of shares: Two option exercises under a registered plan from the issuer on November 10, 2026, totaling 81,900 shares and 30,100 shares, respectively, each paid for in cash.
  • Shares outstanding: 1,965,421,686 shares of Chevron common stock, as reported in the filing.
  • Prior sales: The filing reports nothing to disclose for securities sold during the past three months.

Chevron Officer Nelson Files Proposed Sale Notice for 112,000 Option-Exercised Shares

According to the Form 144 filing dated November 10, 2026, Mark A. Nelson, an officer of Chevron Corporation (NYSE:CVX), provided notice of a proposed sale of 112,000 shares of Chevron common stock. The filing states an aggregate market value of $23,573,303.74 for the shares proposed to be sold. The designated broker for the transaction is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

The filing discloses that the shares were acquired through two separate exercises of options under a registered plan, both on November 10, 2026. The first exercise covered 81,900 shares and the second covered 30,100 shares, with both transactions acquired from the issuer and paid for in cash on November 10, 2026. The filing identifies Chevron Corporation's total shares outstanding as 1,965,421,686. The filing further states that Nelson reported no securities of Chevron sold during the past three months.

By signing the notice, the filing states, Nelson represented that he "does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed." The filing does not indicate whether a Rule 10b5-1 written trading plan was in place for this proposed sale.

What Was Disclosed

A Form 144 notice was filed on November 10, 2026, by Chevron officer Mark A. Nelson, covering a proposed sale of 112,000 common shares with an aggregate market value of $23,573,303.74, acquired via option exercises under a registered plan on the same date.