CHEVRON CORP — Director's Dealing 2025

Feb 5, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEVRON CORP (CVX)
CIK: 0000093410
Period of Report: 2025-01-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-01-31	Common Stock	M	8158	—	Acquired	9426	Direct
2025-01-31	Common Stock	D	8158	$149.19	Disposed	1268	Direct
2025-01-31	Common Stock	M	1975	—	Acquired	3243	Direct
2025-01-31	Common Stock	F	731	$149.19	Disposed	2512	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-01-31	Restricted Stock Units	$0	M	8158	Disposed		Common Stock (8158)	Direct
2025-01-31	Restricted Stock Units	$0	M	1975	Disposed		Common Stock (1975)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8493	Indirect
Common Stock	13264	Indirect

Footnotes

F1: Each restricted stock unit is the economic equivalent of one share of Chevron common stock.

F2: Between December 18, 2024 and January 31, 2025, the reporting person acquired 175 shares of Chevron common stock under the Chevron Employee Savings Investment Plan, a 401(k) plan.

F3: 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.

F4: This number includes dividend equivalents (640 shares).

F5: Restricted stock units accrue dividend equivalents in the form of additional restricted stock units. The restricted stock units are payable in cash and vested on January 31, 2025.

F6: Restricted stock units granted on January 25, 2023 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 January 31, 2024 and January 31, 2025, and one-third of the shares subject to the award will vest on January 31, 2026, 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.