secwatch.observer — SEC 8-K summary
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Issuer:     CHEVRON CORP (CVX)
CIK:        0000093410
Form:       8-K/A
Filed at:   2025-12-19T23:59:59+00:00
Accession:  0000093410-25-000130
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Chevron to sell Hess toy truck business to John Hess for $40k; Hess trademarks for $863k
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- Hess Corp. sold ToyCo (toy truck assets) to John Hess for $40,000, effective April 1, 2026.
- Hess Corp. sold HLOGO (Hess name/trademarks) to John Hess for $863,000, effective Dec 17, 2025.
- Chevron USA gets exclusive, perpetual, royalty-free license for Hess trademarks in oil & gas; 3-year renewable license for electronic assets.
- Transition services agreement for Hess family office IT separation; vendor paid $484,985, with $107,899.78 billed after Hess joined board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93410/000009341025000130/0000093410-25-000130-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93410/000009341025000130/cvx-20250728.htm
  HTML page:      https://secwatch.observer/filing/0000093410-25-000130

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer