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Chevron | 4: Statement of changes in beneficial ownership of securities-Director REED DEBRA L

SEC announcement ·  May 31 07:53
Summary by Futu AI
Debra L. Reed, associated with Chevron Corp [CVX], was granted 1,477 shares of common stock on May 29, 2024. The transaction was completed at no cost to the recipient, as is typical with stock grants. Following this transaction, Reed's direct holdings in Chevron increased to 13,210 shares. Additionally, it was reported that Reed has an indirect ownership of 4,275 shares through the Reed Revocable Trust. The grant of shares to Reed reflects a common form of compensation or incentive provided to corporate affiliates, which can align their interests with those of shareholders.
Debra L. Reed, associated with Chevron Corp [CVX], was granted 1,477 shares of common stock on May 29, 2024. The transaction was completed at no cost to the recipient, as is typical with stock grants. Following this transaction, Reed's direct holdings in Chevron increased to 13,210 shares. Additionally, it was reported that Reed has an indirect ownership of 4,275 shares through the Reed Revocable Trust. The grant of shares to Reed reflects a common form of compensation or incentive provided to corporate affiliates, which can align their interests with those of shareholders.
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