GUSTAVSON JEFF B at Chevron Corporation (CVX) Makes $1.7M Stock Purchase
A director at Chevron Corporation (NYSE:CVX) has made a significant stock purchase, according to a Form 4 filing with the Securities and Exchange Commission.
01Chevron director Jeff B. Gustavson purchased 15,600 shares on November 2, 2026 at $110.37 per share for a total of $1.7 million.
02On the same day, Gustavson sold 48,878 shares for approximately $5.6 million, resulting in a net reduction of his Chevron holdings.
03Chevron's stock currently trades at $212.89, representing a significant increase from the insider's purchase price of $110.37.
04Insider transactions are reported to the SEC via Form 4 filings and are tracked by institutional investors as potential signals of management confidence.
Transaction Details
A director at Chevron Corporation (NYSE:CVX) has made a significant stock purchase, according to a Form 4 filing with the Securities and Exchange Commission.
GUSTAVSON JEFF B, serving as , purchased 15,600 shares on November 02, 2026 at an average price of $110.37 per share. The total transaction was valued at $1.7M.
About Chevron Corporation
Following this transaction, GUSTAVSON JEFF B now owns 28,257 shares of Chevron Corporation stock. Chevron Corporation's stock currently trades at $212.89.
Insider purchases are widely considered one of the most reliable bullish indicators in equity markets. Unlike selling — which can happen for personal financial reasons — buying requires the insider to commit their own capital, suggesting genuine confidence in the company's future. When a buys shares, they're betting their own money on outcomes they have direct visibility into.
At $1.7 million, this transaction stands out as a significant commitment. Trades of this size from corporate insiders typically attract attention from institutional investors and analysts who track Form 4 filings for early signals about company direction.
Insider transaction data is reported to the SEC via Form 4 filings, typically within two business days of the trade. Investors can track insider activity alongside other metrics — such as institutional flows, short interest, and technical indicators — to build a more complete picture of market sentiment around Chevron Corporation.
Recent Insider Transactions at Chevron Corporation
What does insider large_purchase mean for Chevron Corporation stock?
Insider large_purchases at Chevron Corporation (NYSE:CVX) are reported to the SEC via Form 4 filings. While a single transaction doesn't predict future stock performance, patterns of insider buying can signal management confidence.