secwatch.observer — SEC 8-K summary
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Issuer:     CHEVRON CORP (CVX)
CIK:        0000093410
Form:       8-K
Filed at:   2026-01-30T23:59:59+00:00
Accession:  0000093410-26-000021
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Chevron increases CEO Wirth's base salary to $1.975M; approves $23M equity grant
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- CEO Wirth base salary raised $75K to $1.975M; CFO Bonner to $1.1M (+$50K), Vice Chair Nelson to $1.35M (+$25K), CLO Pate to $1.25M (+$50K).
- Base salary increases effective March 1, 2026.
- 2026 target bonus percentages unchanged: Wirth 165%, Bonner 110%, Nelson 120%, Pate 110%.
- Equity awards granted Feb 1, 2026: Wirth $23M, Bonner $5.094M, Nelson $8.534M, Pate $7.641M (50/50 performance shares and RSUs).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93410/000009341026000021/0000093410-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93410/000009341026000021/cvx-20260128.htm
  HTML page:      https://secwatch.observer/filing/0000093410-26-000021

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