Chevron Vice Chairman Mark A. Nelson sold 62,600 Chevron shares in the open market on March 2, 2026, at $188.11 per share, for total proceeds of about $11.78 million. By dollar value, this is the largest insider transaction reported for Chevron in the past 30 days and stands out as a sizable reduction by a top member of the leadership team. Nelson’s role as Vice Chairman matters because executives at this level typically have broad visibility into company operations, capital allocation priorities, and strategic planning. While insider sales can occur for many personal reasons (such as taxes or diversification), investors often pay closer attention when large sales come from senior leaders rather than smaller transactions by less senior employees. The trade also occurred on a day with multiple executive sales: CEO Michael K. Wirth sold about $5.20 million and President Andrew Benjamin Walz sold about $1.24 million on March 2. Two additional executives, R. Hewitt Pate and Eimear P. Bonner, sold roughly $1.28 million and $1.01 million, respectively, on Feb. 27. This recent cluster of sales suggests broader selling activity among Chevron’s top executives over a short window.