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CHEVRON CORP Director's Dealing 2024

Dec 20, 2024

29758_dirs_2024-12-19_4b1211bc-a03b-40a3-87bd-7f46266ccf04.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2024-12-17

Reporting Person: Pate R. Hewitt (VP and General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-12-17 Common Stock M 159 Acquired 1427 Direct
2024-12-17 Common Stock F 159 $148.11 Disposed 1268 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-12-17 Restricted Stock Units $0 M 159 Disposed Common Stock (159) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 8318 Indirect
Common Stock 13264 Indirect

Footnotes

F1: This number includes the acquisition of stock resulting from the reinvestment of dividends on vested restricted stock units (13) 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 November 15, 2024 and December 17, 2024, the reporting person acquired 84 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F4: The reporting person disclaims beneficial ownership of the shares held by his spouse's trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the shares held by his spouse's trust for purposes of Section 16 or for any other purpose.

F5: Restricted stock units granted on January 25, 2023 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 January 31, 2024, and one-third of the shares subject to the award will vest on January 31, 2025 and January 31, 2026, 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.

F6: This number includes dividend equivalents (180 shares).