Chevron Insider Eimear Bonner Sold $25.6M in CVX Stock — Exits to Zero Shares

Eimear P. Bonner, an insider at Chevron (CVX), has sold $25.6 million across 80 insider transactions — exiting to exactly zero shares. Her January 2026 exercise-and-sell converted 32,100 options (struck at $132.69) into $5.6 million at $175/share, completing a full liquidation of her Chevron equity.

The Numbers

Metric	Value
Career Sell Value	$25.6M
Career Buy Value	$0
Total Transactions	80
Last Transaction	2026-02-01
Shares Remaining	0

Recent Activity

Date	Type	Shares	Price	Est. Value
2026-01-31	Exercise	1,679	N/A	$0
2026-01-31	Exercise	7,001	N/A	$0
2026-01-31	Exercise	1,679	N/A	$0
2026-01-31	Exercise	7,001	N/A	$0

The January 30 transaction was a textbook exercise-and-sell: 32,100 options exercised at $132.69 and immediately sold at $175.01, capturing $42/share in spread value. The January 31 RSU vests of 8,680 shares also appear to have been fully disposed. With zero shares remaining, Bonner has systematically converted every equity grant into cash over her career at the oil major.

What It Means

A complete insider exit at Chevron — one of the world's largest integrated energy companies — is a notable data point. Bonner's 80 transactions show a methodical pattern: receive equity compensation, exercise/vest, sell immediately. The $25.6M career total suggests a senior executive position, and the zero remaining position means she has no ongoing economic exposure to CVX's stock performance.

For Chevron investors, a zero-share exit from a senior insider adds to the narrative around energy sector executive confidence. Chevron's pending Hess acquisition, LNG expansion, and Permian Basin production growth are all forward-looking catalysts that Bonner has chosen not to participate in as a shareholder. While systematic selling is common among energy executives, a complete exit is a stronger signal than partial reduction.

What to Watch

• Whether Bonner receives new equity grants that restart her CVX position
• Chevron-Hess merger regulatory approval timeline and integration plans
• Other CVX insiders' selling patterns — is Bonner's exit an outlier?
• Crude oil price trajectory and its impact on CVX's capital return program