EIMEAR P. BONNER - 10 Feb 2025 Form 4 Insider Report for CHEVRON CORP (CVX)

Signature
/s/ Christopher A. Butner, Attorney-in-Fact for Eimear P. Bonner
Issuer symbol
CVX
Transactions as of
10 Feb 2025
Net transactions value
-$108,883
Form type
4
Filing time
12 Feb 2025, 18:39:01 UTC
Previous filing
06 Feb 2025
Next filing
19 Dec 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVX Common Stock Options Exercise $0 +2,446 +101% $0.000000 4,873 10 Feb 2025 Direct F1
transaction CVX Common Stock Tax liability $108,883 -699 -14% $155.77 4,174 10 Feb 2025 Direct
holding CVX Common Stock 393 10 Feb 2025 Share Incentive Plan

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 -2,446 -33% 4,893 10 Feb 2025 Common Stock 2,446 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit is the economic equivalent of one share of Chevron common stock.
F2 Restricted stock units granted on February 6, 2024 under the Chevron Corporation 2022 Long-Term Incentive Plan. 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.
F3 This number includes dividend equivalents (309 shares).