Pate R. Hewitt, the Chief Legal Officer at Chevron Corp, has reported a series of stock transactions in a recent SEC filing. This activity, which includes both acquisitions and disposals of common stock, is significant as it sheds light on the trading behavior of executives within the petroleum refining sector.
Company Background
Pate R. Hewitt is associated with Chevron Corp, a leading company in the petroleum refining industry. Chevron is incorporated in Delaware and operates under the ticker symbol CVX. The company is known for its extensive operations in energy and transportation. Recent filings indicate that Chevron has been active in reporting various transactions, including those involving stock options and common stock.
What the Filing Says
According to the SEC filing dated October 21, 2026, Pate R. Hewitt engaged in multiple stock transactions on October 19 and 20, 2026. The filing details that Hewitt acquired 2,400 shares of Chevron common stock at a price of $132.69 per share and disposed of 2,400 shares at a price of $225.6108 per share. Additionally, on October 20, he acquired 40,700 shares at the same price of $132.69 and disposed of the same amount at a price of $226.653.
Impact
These transactions may affect perceptions among investors and analysts regarding insider confidence in Chevron’s stock performance. The trading activity of executives often reflects their outlook on the company's future, which can influence market sentiment. Furthermore, the filing indicates that Hewitt's share ownership following these transactions includes both direct and indirect holdings, which could be relevant for stakeholders monitoring executive actions.
What's Next
The filing does not say what happens next.