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Chevron (NYSE: CVX) director reports phantom stock plan transaction
Chevron Corp director Marillyn A. Hewson reported a transaction involving 205 units of phantom stock at $189.60 per unit, issued under the company’s Non-Employee Directors’ Equity Compensation and Deferral Plan. These phantom stock units become payable in common stock when her board service ends. Following this latest transaction, Hewson holds a total of 5,867 phantom stock units, which includes 61 units from dividend equivalent accruals.