{"schema_version":"secwatch.filing_event.v1","accession":"0000093410-23-000005","form_type":"8-K","ticker":"CVX","cik":"0000093410","company_name":"CHEVRON CORP","filed_at":"2023-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.643898+00:00","generated_at":"2026-06-20T07:39:41.185176+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Chevron approves 2023 executive compensation: CEO salary $1.85M, equity grants awarded","bullets":["CEO Wirth base salary increased $150K to $1.85M; CFO Breber up $75K to $1.15M; Nelson up $100K to $1.2M.","CEO bonus target unchanged at 165%; CFO at 110%; Nelson raised to 120% due to new Vice Chairman role.","Equity grants: CEO received 47,460 performance shares, 92,800 stock options, 23,730 RSUs; option exercise price $179.08.","Performance shares vest over 3 years based on TSR (70% weight) vs BP, Exxon, Shell, Total, S&P 500; ROCE improvement (30%).","Mr. Johnson (EVP) gets no salary change, no CIP award or equity due to upcoming separation from Chevron."],"urls":{"canonical":"https://secwatch.observer/filing/0000093410-23-000005","json":"https://secwatch.observer/filing/0000093410-23-000005.json","markdown":"https://secwatch.observer/filing/0000093410-23-000005.md","text":"https://secwatch.observer/filing/0000093410-23-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/93410/000009341023000005/0000093410-23-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/93410/000009341023000005/cvx-20230124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T07:39:41.185176+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"389ba05ac6","claim":"Mark A. Nelson was elected as Vice Chairman and Executive Vice President, Strategy, Policy and Development at CHEVRON CORP.","evidence_excerpt":"due to his election by the Board to a new corporate officer role, Vice Chairman, in addition to Executive Vice President, Strategy, Policy and Development, effective February 1, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/93410/000009341023000005/0000093410-23-000005-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Vice Chairman and Executive Vice President, Strategy, Policy and Development"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}