MARK A. NELSON - 17 Dec 2025 Form 4 Insider Report for CHEVRON CORP (CVX)

Role
Vice Chairman
Signature
/s/ Rose Z. Pierson, Attorney-in-Fact for Mark A. Nelson
Issuer symbol
CVX
Transactions as of
17 Dec 2025
Transactions value $
-$40,221
Form type
4
Filing time
19 Dec 2025, 19:06:34 UTC
Previous filing
12 Feb 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
NELSON MARK A Vice Chairman 1400 SMITH STREET, HOUSTON /s/ Rose Z. Pierson, Attorney-in-Fact for Mark A. Nelson 19 Dec 2025 0001729591

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $0 +269 +4.88% $0.00 5.78K 17 Dec 2025 Direct F1
transaction CVX Common Stock Tax liability -$40.2K -269 -4.65% $149.52 5.51K 17 Dec 2025 Direct F2
holding CVX Common Stock 18.9K 17 Dec 2025 By 401(k) plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CVX Restricted Stock Units Options Exercise $0 -269 -4.03% $0.00 6.41K 17 Dec 2025 Common Stock 269 $0.00 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This number includes the acquisition of stock pursuant to the reinvestment of dividends on directly owned shares of common stock and from dividends on vested restricted stock units (242) issued under the Chevron Corporation 2022 Long-Term Incentive Plan.
F2 Reflects withholding of shares to cover required tax obligations under the terms of the award agreement due to the reporting person's age and years of service.
F3 Between February 11, 2025 and December 17, 2025, the reporting person acquired 851 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) Plan.
F4 Restricted stock units granted on February 6, 2024 under the Chevron Corporation 2022 Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. One-third of the shares subject to the award vested on February 10, 2025, and one-third of the shares subject to the award will vest on February 10, 2026 and February 10, 2027, respectively, and settle in shares of Chevron common stock on the date of vesting. Shares issued upon vesting are subject to a two-year post-vesting holding period, which is removed upon termination of employment.
F5 This number includes dividend equivalents (291 shares).

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney