CHEVRON CORP — Director's Dealing 2025

Dec 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2025-12-17

Reporting Person: Walz Andrew Benjamin (President, DM&C)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-17	Common Stock	M	72	—	Acquired	83	Direct
2025-12-17	Common Stock	F	72	$149.52	Disposed	11	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-12-17	Restricted Stock Units	$	M	72	Disposed		Common Stock (72)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8793	Indirect

Footnotes

F1: 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.

F2: Between December 4, 2025 and December 17, 2025, the reporting person acquired 99 shares of Chevron common stock under the Chevron Employee Saving Investment Plan, a 401(k) plan.

F3: 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 Corporation 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 will settle in shares of Chevron common stock on the date of vesting.

F4: This number includes dividend equivalents (21 shares).