Insider Trading Is Prohibited
It is illegal to purchase or sell Chevron securities if
you have “material nonpublic information” concerning
Chevron. Securities include common stock or other
debt or equity securities, options or shares held in
Chevron investment and retirement plans. It is also
illegal to purchase or sell the securities of another
company if you have material nonpublic information
about that company. If you engage in insider trading
you will likely lose your job and be subject to
significant civil and criminal penalties.
We must never use material nonpublic information
about Chevron or the companies doing business with
Chevron for personal gain. In addition, we must never
give material nonpublic information to others who may
purchase or sell Chevron securities or the securities
of other companies. If you provide a “tip” to someone
who then buys or sells securities, both of you can be
convicted of insider trading.