Jeff B. Gustavson, Vice President at Chevron Corporation (CVX), has demonstrated a clear selling bias in his recent insider transactions, with no open-market purchases recorded in the available data. Across 36 reported transactions, Gustavson has sold approximately $6.8 million worth of CVX shares while acquiring $2.8 million in equity, primarily through awards and other non-open-market transactions. His most significant disposals occurred on November 21, 2025 ($1.4 million), February 7, 2025 ($1.4 million), and February 27, 2026 ($1.2 million), with these three sales alone accounting for nearly 60% of his total sell-side activity.
The pattern shows Gustavson consistently reducing his position through planned sales, often accompanied by smaller transactions related to tax withholding and awards. Notably, his last open-market purchase dates back to unreported earlier filings, while his three most recent transactions in February 2026 were all sales or award-related dispositions. The absence of buys and the recurring nature of his sales—particularly the multi-million-dollar disposals—suggest an ongoing effort to monetize his Chevron equity. All activity is concentrated in CVX, with no trades in other securities disclosed in the filings.
AI-assisted summary