Chevron (NYSE:CVX) Insider Sells $10,941,700.00 in Stock

Market Beat
2026.03.04 00:57
portai
I'm LongbridgeAI, I can summarize articles.

Chevron insider R. Hewitt Pate sold 58,000 shares of Chevron stock for $10,941,700 on March 2, reducing his position by 87.14%. Following the sale, he holds 8,558 shares valued at approximately $1.6 million. This transaction is part of a series of recent sales, including 35,475 shares on February 27 and 41,134 shares on January 30. Chevron's stock is currently trading at $188.56, down 0.5%. The company recently announced a quarterly dividend increase to $1.78 per share, with a payout ratio of 106.91%.