CHEVRON CORP — Director's Dealing 2023

Dec 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2023-12-18

Reporting Person: HEARNE ANDREW NIGEL (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-18	Common Stock	M	54	—	Acquired	8056	Direct
2023-12-18	Common Stock	F	54	$149.68	Disposed	8002	Direct
2023-12-18	Common Stock	M	151	—	Acquired	8153	Direct
2023-12-18	Common Stock	F	151	$149.68	Disposed	8002	Direct
2023-12-18	Common Stock	M	264	—	Acquired	8266	Direct
2023-12-18	Common Stock	F	264	$149.68	Disposed	8002	Direct
2023-12-18	Common Stock	M	276	—	Acquired	8278	Direct
2023-12-18	Common Stock	F	276	$149.68	Disposed	8002	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-12-18	Restricted Stock Units	$	M	54	Disposed		Common Stock (54)	Direct
2023-12-18	Restricted Stock Units	$	M	151	Disposed		Common Stock (151)	Direct
2023-12-18	Restricted Stock Units	$	M	264	Disposed		Common Stock (264)	Direct
2023-12-18	Restricted Stock Units	$	M	276	Disposed		Common Stock (276)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1310	Indirect
Common Stock	1274	Indirect

Footnotes

F1: This number includes 302 restricted stock units accrued as dividend equivalents on the restricted stock units granted to the reporting person on 01/25/2023 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 1, 2023 and December 18, 2023, the reporting person acquired 49 shares of Chevron Common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F4: Restricted stock units granted on January 30, 2019 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2024.

F5: Between December 17, 2022 and December 18, 2023, the reporting person acquired dividend equivalents (208 shares).

F6: Restricted stock units granted on January 29, 2020 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2025.

F7: Between December 17, 2022 and December 18, 2023, the reporting person acquired dividend equivalents (302 shares).

F8: Restricted stock units granted on January 27, 2021 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2026.

F9: Between December 17, 2022 and December 18, 2023, the reporting person acquired dividend equivalents (358 shares).

F10: Restricted stock units granted on January 26, 2022 under the Chevron Corporation Long-Term Incentive Plan. Each restricted stock unit is the economic equivalent of one share of Chevron Corporation common stock. Restricted stock units accrue dividend equivalents in the form of additional restricted stock units and are payable in cash upon vesting on January 31, 2027.

F11: This number includes dividend equivalents (284 shares).